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Home » Businesses For Sale » Electrical Equipment, Appliances & Components » Middle Atlantic States » Listing BFS-178843

Electric Control Panel Manufacturer

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Location

  • CityNot Disclosed
  • StateNot Disclosed
  • Region Middle Atlantic States
  • CountryUnited States

Not Relocatable

Financials

  • Asking Price
  • Sales
  • Profits
  • Profit Type
  • Fiscal Year

Deal Terms

  • Business Is A Franchise?
  • Finders Fee Payable by Buyer?
  • Seller Financing Available?
  • Principals Only?
  • Management Will Stay?
  • Willing To Co-Broker?

This 25 year old company is a manufacturer of custom electrical and automated control panels for commercial and industrial manufacturers and processers. The company's control panels are used for industrial controls, material handling systems, power distribution and engineered systems. The company holds ISO 9001-2008 and UL 508A Certifications. The company control panels serve large OEM companies in the areas of packaging, material handling, automation and sorting and distribution systems. The company also serves the elevator and escalator OEMs. The company is well-managed and is known for its highest level of quality and on-time delivery performance. It specializes in the more difficult or complex projects, where its development and manufacturing expertise is most effective.

The company operates from a single manufacturing facility comprising 18,000 square feet in the Mid-Atlantic Region. The company employs a total of 12 office personnel and 18 full time factory workers. There are an additional 20 part time employees in the production area.

The company's customers are large original equipment manufacturers and system integrators. The company usually has 8-10 contracts at any given time. The company has senior people in the traditional manufacturing positions of project manager, shop manager, engineering manager, quality manager and office manager. All are long time employees.

The company is a long established and well known control panel manufacturing company within the greater Mid-Atlantic region. The owner will remain with the company for a transitional period of up to two years. The company has an excellent second line management team.

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