Process Controller Manufacturer Wide Variety Clients - Business for Sale

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Process Controller Manufacturer Serving Industrial Clients in Hartford, CT

Hartford, CT, US
Added 5 years ago
Process Controller Manufacturing for Industrial and Energy Sectors

This business manufactures and maintains process controllers for water/wastewater, industrial, and institutional clients, serving sectors such as nuclear power, universities, hospitals, steel mills, and paper mills from Hartford, Connecticut.

Key Information

Asking

Revenue

$1.7M

Earnings

$375K

Multiple

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 company HQ
  • The business operates from a 7,500 sq ft industrial/office space with rent of $4,700 per month; lease extends through May 2024
  • The company was restructured and a new LLC established in 2019 after acquisition from a distressed operation

Contact Info

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