Seize a unique opportunity to acquire a century-old manufacturer specializing in custom-designed, high-flexibility wire and cable products. This esteemed business is based in a key industrial area of Massachusetts and operates from a 43,000 square foot facility on a 10-acre site. Known for its exceptional quality and personalized service, the company caters to the industrial, communications, and medical markets. The company is renowned for its advanced manufacturing capabilities and robust asset base, valued at approximately $8.5 million. This includes specialized equipment that supports its reputation for service excellence and rapid response times. With enduring relationships with key customers and a comprehensive portfolio of specialized products, the company is a trusted supplier within its niche markets. Potential buyers will appreciate the flexibility offered by the property's leasing or purchasing options, which ensures operational continuity and stability. The experienced workforce of 46 full-time employees, including a dedicated production and office team, is key to the company’s sustained success and high-quality output. This opportunity is ideal for an entity looking to expand into or strengthen their presence in the wire and cable manufacturing industry, leveraging a legacy of innovation and customer satisfaction.
- Freehold Price:
- Undisclosed
- Lease Asking Price:
- Undisclosed
- Sales Revenue:
- $16,031,683
- Cash Flow:
- $3,803,760
Property Information
- Real Estate:
-
Available as lease or with real property included
- Location:
-
The business operates from a 43,000 square foot facility on a 10-acre site in a key industrial area of Central Massachusetts, offering strategic advantages in distribution and logistics.
- Premises Details:
-
The facility's strategic location enhances its operational efficiency and market reach, providing an advantageous base for further growth. The acquisition includes options to negotiate the premises' lease or purchase, adding to the investment appeal
Business Operation
- Reasons for selling:
-
retirement
- Employees:
- 46
Other Information
- Support & training:
-
The company is supported by a skilled workforce of 46 full-time employees, including 35 in production and 11 in office roles, overseen by a management team with decades of industry experience. This dedicated team is pivotal in maintaining the company's high standards of quality and personalized service.
Owner will assist for a smooth transition
- Lease asking price:
- Undisclosed
