Total of 18659 firms and businesses for sale today Sunday 19th May 2024
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Sold. Industrial Design And Automation Services Firm

LISTING DETAILS
Firms For Sale ID:
28106
Vendor reference:
3475
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
Undisclosed  
Turnover / revenue:
$4,250,000
Net profit / cashflow:
$642,000
Years established:
10
Number of employees:
16

OTHER DETAILS
Reason for selling:
Diversification of owners’ personal financial interests and superior sales growth for the company.
Support and training:
The owners will remain to insure a successful transition to new management
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
The Business for sale are two strategically affiliated companies providing industrial automation integration and industrial electrical contracting services with a focus on industrial systems and facilities in the agricultural processing, energy, food processing, manufacturing and municipal markets. The first Company provides clients with leading edge solutions as an industrial automation integrator with expertise that encompasses a total package, including engineering, design, programming, and installation of industrial automation systems. The second Company is a full-service industrial electrical contractor with core competencies in design-build work, engineering, new construction, troubleshooting, and motor control systems. These affiliated companies represent a single point, one-stop shop, turnkey solution for their blue-chip customer base. Maintains two comprehensive websites containing a wealth of information relating to the Companies’ business and core focus. Majority of revenue comes from retrofit contracts and new construction projects. Both companies enjoy outstanding reputations with long histories in their operating space.

Market / Competition / Non-Competition Agreements
These two affiliated Companies are well positioned to capitalize on their excellent industry reputations and the extraordinary prospects now forecast for their industries. The Companies’ 20-year performance record of providing focused, quality-driven solutions for its clients will be the key to their continued growth and success. Growth over the near term and long term will continue to be positively impacted by the Companies’ established reputation and comprehensive capabilities. Moreover, a variety of market trends are driving customers toward the next generation of industrial automation and manufacturing solutions. Technological advancements in process monitoring, control and industrial automation over the past decades have contributed greatly to improve the productivity of virtually all manufacturing industries throughout the world. Advanced, easy-to-use machining process simulation and measurement software have been developed and are used by a number of manufacturers around the world. Combined revenue is forecast to reach $6.5 million by 2016, with combined EBITDA projected to exceed $1.1 million.