Manufacturing And Industrial Business For Sale in Tennessee

Overhead Crane Manufacturer

Advert Id: 23697, Sellers Ref: (CRANE1)
  • Location:Tennessee
  • Category:Manufacturing and Industrial
  • Asking Price:$402,000
  • 402000
  • Sales revenue :$812,274
  • Net profit :Undisclosed
  • Furniture/Fixtures value :Undisclosed
  • Inventory/Stock value : Undisclosed

Business description

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.
Facilities
The business is located on a 1 acre parcel of land with two facilities: Sales/Administration Office: 3 offices and 1 bathroom accommodating 5 people. Shop/Manufacturing Facility: 4,000sqft. This property is available for lease at $1,600per month + utilities or available for purchase. Additionally, the seller owns commercial property in the area (also for sale) that would be ideal for the construction of a box girder manufacturing facility.
Financing
Seller financing may be available based upon the terms & conditions of the deal.

  • Competition: The business has limited competition in the area and tremendous upside potential.
  • 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.
  • Years Established: 1991
  • Employees: 3
  • Reason For Selling: The owner is retiring & pursuing a sale to achieve financial diversification.
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