Business for Sale

Overhead Crane Manufacturer

Businesses for Sale in Tennessee, Manufacturing for sale

Business Id :         BSM932

Location :               Tennessee > >

Category :              Manufacturing >

1 of 2
Business Detail
Asking Price : $402,000
Sales revenue : $817,274
Inventory : $0
Cash Flow : $160,574
Status of Business : For Sale
Relocatable : Yes
Business closed : Yes
Home based : Yes
Employees : 3
Year Established : 1991
Summary :
IF YOU ARE INTERESTED IN THIS BUSINESS YOU MUST EMAIL ME DIRECTLY AT MFEKKES@ENLIGN.COM. BIZSUPERMALL.COM CONTACT DOES NOT WORK AND CUSTOMER SUPPORT DOES NOT RESPOND.

The company has over 20 years experience providing overhead handling solutions to customers in a wide range of industries. The business Designs, Engineers, Builds & Installs turnkey overhead crane systems involving a variety of sizes up to 15 Ton in house with larger capacity cranes being constructed through partners. The business is also a major distributor to several hoist/crane manufacturers specializing in industrial facilities, water treatment plants, & pump stations.
The crane industry plays a critical role in a large number of industries involving material handling. The company provides solutions to enable its customers to have the maximum efficiency, uptime, and highest life cycle value for all material handling products. While the geographic focus has been on the Southeast region, the company has successful implementations throughout the continental United States.
Business Competition :
The business has limited competition in the area and tremendous upside potential.
Business Expansion :
The business has many options available for expansion & growth:

Outside Sales Position:
The addition of an outside person to call on A&E firms to assist in writing the specifications for Overhead Cranes projects would be a recommended strategy to expand both sales & income.

Service Department:
Incorporating a service department for inspections and maintenance to the operation would be an inexpensive and easily accomplished task to add another stream of income to the business. These opportunities are currently being referred out and could easily be brought back in-house.

Dealer Sales Network:
Revenue can be increased through the establishment of a dealer sales network within the material handing industry for the resale of overhead crane turn-key solutions.

Box Girders:
Expanding in the manufacturing of box girders would be a logical growth strategy given the limited competition in the areas served by the business. The founder owns commercial property, also for sale, that would be a logical area for developing such a plant.
Reasons for Selling :
The owner is pursuing a sale to achieve financial diversification enabling him to move on to the next phase of his life, comfortably positioned for the retirement years with his family.

Uploaded Documents:

Available upon Request.

Contact Information :
Name : Michael Fekkes
Phone No. : 9106912202
State : Tennessee
County :
City : Nashville
For more information about this business for sale, click the Contact Seller button.
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Posted By:
Broker Name: Jeff Snell
Broker Company Name: ENLIGN Business Brokers
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