No photo available

Details - Information last confirmed on October 21, 2020

This venerable Michigan manufacturer of material conveyance systems has been going strong for 70 years, and with the owners now at retirement age, they look forward to an orderly transition of their successful business to new owner-operators.

The company’s 28 experienced, loyal, long-time employees design, engineer, manufacture, sell, and install proprietary lines of equipment across the United States, Canada and Mexico. Installations range from single pieces of equipment to entire bulk resin systems with $1,000,000 price tags.

The equipment product lines are continuously re-engineered and refined resulting in products which are best in class and the most efficient on the market today. The degree of sophistication of the products has created a huge barrier to entry for would be competitors.

The company operates out of a late model 23,600 square foot facility which can be leased at market rates or purchased in a separate transaction for $1,400,000.

Over the past four years, the company, aided by repeat customers (some for literally decades), has maintained consistent annual revenues of $5,000,000. New business opportunities are generated by the company’s captive sales team and supplemented by independent sales representatives. Customers range in size from small shops to Fortune 500 companies.

4-year average revenue $5.3 million
4-year average income $.37 million

Learn More About This Listing

Sign up for a free basic membership to start buying and selling. Learn about our membership plans.

By clicking "Join Now - It's Free" you confirm that you accept the Terms of Use and Privacy Policy, including cookie use.

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.