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Process Controller Manufacturer For Sale

Hartford, CT, USA
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Businesses For Sale | Other Manufacturing Businesses For Sale

Listing ID : 426532

Listed On January 6, 2024 View Count 10

Listing Updated January 6, 2024

Price :
Inquire for Price
Business Overview :
Gross Revenue:
$1,700,000
Cash Flow:
$375,000
Inventory Included:
Yes
Estimated Value of Inventory:
$200,000
Furniture, Fixtures & Equipment (FF&E) Included:
Yes
Estimated Value of FF&E:
$100,000
Business Location Details :
Facility & Tenant Improvements:
The 7,500 square foot industrial/office space rents for $4,700 per month. The lease extends through May 2024. About half of the space is open warehouse with offices around the perimeter.
Property Details :
Terms :
NDA Required:
Yes
Support & Training Offered:
To ensure a smooth transition and ongoing success the Sellers will work with a buyer as needed for three months, and longer as a paid part-time consultant, as negotiated.
Reason for Selling:
The Seller’s business model is to seek struggling operations with history, value and potential, save them from closure and make them profitable again. He has a 15-year history of successfully turning businesses around. In this case, the Company has been restructured, operational efficiencies established, new products and sales avenues launched and is fiscally back on the road to long range profitability.
Company Overview :
Franchise Overview :
Description :

The business manufactures and maintains process controllers servicing the water/wastewater, industrial, and institutional markets. Products are used in critical process applications globally. The Company has been through several incarnations since the late 1800’s and into the 1900’s when early models of process controllers were invented. The products have a long history of innovative successes, large customer base and untapped potential.

The current owner, an industry-insider, knew what needed to be done, reduced manpower redundancy, but saved jobs and inspired innovation once again. The value-add potential seen in restructuring; reducing overhead, implementing operational efficiencies and improvements resulted in increased bottom-line profitability and the business’ gross margin. NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

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ProNova Partners
License:01820673

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