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Custom Brake Manufacturer

IN

Custom Brake Manufacturer
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Asking Price: $4,300,000

Cash Flow: $1,100,000

Gross Revenue: $3,900,000

EBITDA: N/A

FF&E: N/A

Inventory: $400,000*

Real Estate: $810,000*

Established: 1975

*not included in asking price.

Custom Brake Manufacturer

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Business Description

SALE PENDING - currently under contract

The Company manufactures custom designed OEM trailer brake systems. They have a diversified customer base including manufacturers of recreational vehicles, motor homes, livestock trailers, cargo and utility trailers, snowmobile and ATV trailers, marine trailers and over-the-road semitrailers.

The Company has a team of highly trained and dedicated people. Facilities and equipment are 1st class and well maintained. The business is stable, very profitable and is experiencing significant growth in revenues and profits in 2018.

The business is located in Indiana and was established in 1975. It is currently under second-generation ownership.

CONTACT INFORMATION - Please email mkberes.cfo@gmail.com. Thereafter we will contact you regarding release of a Seller information package after signing an NDA (non-disclosure agreement).

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
18,000
Facilities:
The Company operates in a modern facility built in 1987. The 18,000 sq. ft. building sits on 1.6 acres in a newer industrial park close to two interstate highways. There is ample land for building expansion. Manufacturing equipment is state of the art and well maintained.
Competition:
The Company occupies a unique position within the industries it serves and has no direct competition for its products.
Growth & Expansion:
The Company has no inside sales force. The Company focuses on excellent customer service and support of existing customers. The Company’s advertising has been limited. There is a real opportunity to grow the business with an expanded marketing and sales effort.
Financing:
Seller will not accept earn out offer provisions.
Support & Training:
The seller is seeking a 100% buyout of the business and would prefer to sell the land and building as part of the transaction. The seller is willing to assist with operations for an agreed upon time frame to ensure a successful transition.
Reason for Selling:
The owner wants to retire from the business and persue other goals.
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Business Listed By:
mkberes.cfo@gmail.com

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