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Industrial Control, Software & System Engineering Service Business for sale in IA

Iowa (IA)

Asking Price: Gross: Cash Flow:
$ 1,700,000 $ 2,378,712 $ 424,143

Furniture and Fixtures Value:
$ 80,000 (included in the asking price)

Business Summary:
Successful, established industrial engineering company specializing in system design & integration, industrial process control & automation problems with applications including batch, process & machine control, automated testing, material handling, etc. Serving established clients’ large projects, ongoing needs, or specific contracts for turnkey automation solutions, improved efficiency, decreased down-time or reduced costs. Brings together component subsystems or discrete systems into one system ensuring they function together. Utilizing a variety of techniques such as computer networking, enterprise application integration, process management, manual programming, etc. Continues to receive jobs during various economic cycles. Compete in several markets, principally farm equipment, food processing, appliance manufacturing, & municipalities with recent contracts with multiple clients in rapidly expanding agricultural precision technology. Regional, national & international clients include Fortune 500 companies. Revenue, Profit & work in progress increasing year-to-date. Dedicated & skilled team of technical professionals. Efficient & effective systems & processes in place allowing for 45% gross profit margins & net cash flow margins over 30%.

 

   
Year Business was Established: 1994
   
Number of Employees: 7 FT/1 PT  
   
Facilities / Terms of Lease: 5,184 sq. ft. office leased in area compatible for this type of business with room to grow & centrally located among clients. Savings may be obtained through relocating.  
   
Potential Growth/Expansion: The company’s strong customer base, proven capabilities & outstanding reputation present strong platforms to increase market share & revenue through the investment of time, attention & capital in human resources, marketing, & working capital.  
   
Competition: Several firms in the region. Opportunities stem from focusing on niche, relationships, & service.  
   
Owner willing to finance: $1,530,000 down/$170k for 36mo @ 10%  
   
Owner willing to train: Will train for 2 weeks @ no cost  
   
Reason for selling: Owners health and capital constraints  
   
Seller Reference Number: 5001-7405
BusinessMart.com Listing Number: 112750
 

 

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For more info contact:

Roger Murphy

Murphy Business & Financial Services
727-725-7090

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