Description About This Posting: Manufacturer - Serving Hazardous Locations Market
You can acquire this manufacturing business that has served the hazardous location market and supplied a leading distributor in both zone and division applications. The company manufactures a range of thread conversion adapters, reducers, stopping plugs, and breather drains available for use in industrial and marine atmospheres suited to project construction applications.
The company operates under an ISO 9001 quality system. The owner is absentee but oversees the operations and the business is managed by one employee that handles sales, customer service, purchasing, packaging, and quality control.
The business shares its facility with its sister company who is its largest customer. The business can also be acquired with its sister company (GBS # 408) a wholesale distribution business (sales of $5 million plus) or offered as a separate entity. This is an opportunity for an entry level buyer seeking a manufacturing business or 'add on' for strategic purchase building their platform through acquisition.
Investment: The 'asking price' is $710,000 and the business is being offered as a corporate stock sale. Parties interested in pursuing this transaction will be required to submit a non-binding proposal and suggested transaction structure.
Facilities: Office and warehouse is located in an Orange County business park. The space is 2,500 sq. ft. and rent is $3,800 per month. The company is in its last year of lease and can be resigned or the business can be relocated.
Growth & Expansion: There is growth opportunity with all of the products manufactured for a motivated an aggressive new owner or platform for strategic buyer to build value through acquisition.
Support & Training: Training will be provided.
Reason for Selling: Owner to retire.
To get more information about this Manufacturer - Serving Hazardous Locations Market business for sale in
Orange County please phone Gregg Tobin (Agent - BRE License #:01365233) at 949-546-0903 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #244469 on BizBen.com. In addition to phoning
Gregg Tobin, make sure you email Gregg Tobin above to get more info about this
Manufacturer - Serving Hazardous Locations Market, to ask any questions or request an appointment to see this
business for sale, franchise, or opportunity. Thank you.
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