Process Controller Manufacturer - 2 Contract MFGs - Business for Sale

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Process Controller Manufacturer in Hartford, CT

Hartford, Connecticut, US
Added 5 years ago
Process Controller Manufacturing

The business manufactures and maintains process controllers for the water/wastewater, industrial, and institutional markets in Hartford, CT.

Key Information

Asking

$0

Revenue

$1.7M

Earnings

$375K

Multiple

0.0x

Key Highlights

  • The business manufactures and maintains process controllers for water/wastewater, industrial, and institutional markets.
  • Products are used in nuclear power plants, universities, hospitals, steel mills, and paper mills.
  • Two contract manufacturers are used: one assembles and drop ships directly to customers; the other ships parts for final assembly at the company's headquarters.
  • The business operates from a 7,500 square foot industrial/office space with rent of $4,700 per month; lease extends through May 2024.
  • The company was established as a new LLC in 2019 after acquisition from a distressed operation.

Contact Info

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