Equipment Manufacturer #2059
Sold -
This company manufactures food processing equipment for the seafood industry. They have been in business for over 60 years and their success is driven from producing high-quality capital equipment and word-of-mouth advertising. This business is located in South Texas and has an international client base. Their average order size is $260,000 and have orders booked out for the next nine months. Their average profit (SDE) per year for the last four years is $660,000. The purchase price includes both the real estate and operating business. The owners are motivated to sell for retirement and family health issues. This is neither an offer nor a solicitation to sell securities. Real Estate Brokerage License on file. For more information, please contact Gateway Mergers & Acquisitions at 972-219-6961.
- Industry:
- Manufacturing
- Asking Price:
- $1,500,000
- Revenue:
- $2,515,580
- SDE: Seller Discretionary Earnings (SDE) or Discretionary Earnings is the earnings of a business enterprise prior to income taxes, non-operating income and expenses, nonrecurring income and expenses, depreciation and amortization, interest expense or income, owner’s total compensation for those services that could be provided by a sole owner/manager.* (*Source: Valuing Small Business & Professional Practices, Shannon P. Pratt, Robert F. Reilly, Robert P. Schweihs, Third Edition McGraw-Hill)
- $669,657
- Inventory:
- Included in Asking Price
- FFE:
- Included in Asking Price
- Year Established:
- 1960
- Employees:
- 19FT/1PT
- Location:
- South Texas
- Building SQ FT:
- 34,000 +/-
- Real Estate:
- Included in Asking Price
- Listings ID:
- 2059