100+ Year Old Large Precision Equipment and Machinery Sales Company with Proprietary Designs BN000052108
The company designs and sells precision equipment. The company offers a variety of machines utilized to cut rubber and plastic materials as well as material handling trucks & carts and related spare parts. The designed products range from individual units, to fully automated lines for handling, cutting, and processing materials in production environments.
Key Aspects
• Adjusted EBITDA has increased each year from 2020 to 2022 with margins averaging 22% in that time-span
• Established company with strong brand name recognition as the company has designed and sold machines and equipment for over 100 years
• Customer base consists of some of the most notable Fortune 500 companies in the tire, rubber, and recycling industries
Opportunities
• Design and develop new and innovative products
• Increase sales and marketing efforts to convert its insolvent former competition's customers
• Increase market exposure and equipment sale opportunities by adding outside sales, manufacturer’s representatives and international agents
• Unique business model allows for an exponential increase in sales and profitability as manufacturing capabilities are outsourced to a large number of qualified manufacturers
Headquartered
• Northeast United States
Current Markets
• The company’s products are primarily sold to companies in the tire, rubber, plastic, and recycling industries
Real Estate
• The company operates from a 3,000 sq. ft. facility in the Northeast United States
• The facility provides office and warehouse functions and is leased from an unrelated third party
Shareholder Objectives
• The company is fully owned by a single shareholder who is seeking to pursue other business interests
• The owner is willing to stay for a transition period and is open to various deal structures
