Business Summary:
This business designs, assembles and installs automated material handling systems for customers throughout the industrialized world. In the particular niche served by this company there is little competition and the company enjoys a very large market share. Over the last 15 years the current owner has rationalized production so that there is minimal fixed overhead. Each production order is managed as a project with final assembly of the machinery accomplished in space that is leased as needed. After the machinery is produced and shipped, this company manages the installation of the automated machinery and systems on site. In addition to design, production and installation of new projects, this business serves its long-term customers with a steady stream of replacement parts. Engineering credentials are not required to operate this business, but project management experience in a manufacturing environment is important. Computer programming experience would be helpful, but programming tasks can be subcontracted. The owner prefers to stay with the business in a sales and advisory capacity. Although this is a very profitable business, sales are cyclical. Accordingly financials are an annual average based on results over the last five years. This is an exceptional opportunity, so make your inquiry immediately!
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