Bulk Material Handling Equipment Manufacturer
Off-MarketSpringville, TN
Bulk Material Handling Equipment Manufacturer
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$2,000,000
$500,000
25.0%
—
30+ Days
Customers
Customer base is incredibly diverse and worldwide, including locations in Costa Rica, Egypt, and Europe.
Customer Acquisition
Customer acquisition relies on word of mouth and internet marketing channels. The company spends several thousand dollars monthly on print advertisements in magazines and Google advertisements. A professional website is maintained by an outside company.
Team
The company employs five or fewer people, primarily welders and general laborers.
Owner's Role
The owner is involved in business operations on a part-time basis.
Reason for Selling
The owner's father started the business, and he passed away a few years ago, diminishing the enjoyment of running the business without him. He also operates another business that he prefers to focus on.
Contracts
No
Real Estate
Manufacturing facilities are located in Tennessee on company-owned property, which a buyer could acquire. Equipment needed to operate includes heavy machinery with 40,000–50,000 pound capacity to move and load finished products. A potential buyer could acquire the necessary equipment for approximately $200,000.
When Are You Looking to Sell
6-12 months
Licenses Required
No
Additional Notes
Customers initiate contact, describe their needs, and receive recommendations for appropriate models and foundation drawings. The payment structure requires a 60% deposit upfront before manufacturing begins, with the remaining balance due upon shipment completion. The company does not handle installation but maintains relationships with subcontractors who provide installation services. Business is highly cyclical, with unpredictable revenue patterns and large job sizes.
Business ID: 1615
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