Designer Fabricator: Evaporator, Spray Dry Systems
Location: Minnesota
Industry: Manufacturing > Metals Components Manufacturing
Financials
Asking Price: $9,900,000
Gross Revenue: $18,850,000
Cash Flow: $2,380,000
Inventory: $3,150,000 (Included in Asking Price)
FF&E: $315,000 (Included in Asking Price)
Real Estate: $850,000 (Not Included in Asking Price)
Seller Financing: Would consider some seller-financing for qualified buyer.
Business Summary
Firm engineers, fabricates and installs evaporators and spray drying systems for dairy, food processing and parallel industries. Firm provides engineering, fabrication, installation, field service and parts servicing. Excellent reputation, recognized brand, deep and loyal client base, strong book of business, in-place management.
About the Business
Year Established: 1978
Employees: 16 full time -
Facilities: 2.5 acres, 16,000 SF office, production, warehouse
Market Outlook and Competition: Highly trained staff and long history of excellent service sets firm apart from competition. Firm is nimble, quick turnaround, excels in customized production. Solid platform. With minimal additional staff investment, growth is available in parallel industry segments. Strong national, international demand for product.
About the Sale
Management Training and Support: 4 weeks at no cost; would consider short or long-term employment contract or consulting arrangement.
Reason For Selling: Board of Directors following business plan; CEO seeking reduced responsibilities

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BizQuest ID:907937
Seller ID:dairy processor
Business Listed By
Name:Chris Reicher
Company:C. G. Reicher Associates Ltd
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