Industrial
Machinery – Distributor and manufacturer
Acquisition Opportunity
– Northeast
Maintains a 60,000 square foot warehouse and showroom and is well
prepared to serve the needs of the industrial user or weekend hobbyist.
Loyal and
diversified customer base. Recently acquired a firm which specializes in
machinery for the window and door industries. They also carry machinery for
stair building and woodturning including hydraulic and CNC wood lathes.
Forty-four employees are non-union. Superior product selections. A strong
management team in place with significant growth opportunities.
Retirement. The owner
will stay on for a reasonable transition period.
Financial
Summary (6/30) |
|||
|
2020 Est by Seller |
2019 |
2018 |
Revenue |
$ 21 M * |
$ 25 M |
$ 22 M |
Adjusted EBITDA |
$ 1.54
M |
$ 0.785 |
$ 0.975 M |
* Does not include $10 M backlog going
into 2021. Shut down for several weeks
due to pandemic
Other Highlights |
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Financials |
Management Team in Place |
Years in Business |
SIC |
|
Complied |
Yes |
10+ |
5084 |
|