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Home » Businesses For Sale » Machinery, Excluding Computers » South Carolina » Listing BFS-178277

Manufacturer of Electric Motor Powered Vehicles

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Location

  • CityNot Disclosed
  • State South Carolina
  • CountryUnited States

Relocatable

Real Estate Included

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?

This company has a product line of electric powered vehicles. The smallest is capable of pulling 1,100 pounds and the largest is capable of pulling 4,400 pounds. They also manufacture lifting systems for heavier loads as well as other products including Piggy Backs with detachable trailers for warehouse applications, trailers, and pallet jack systems, hitches, battery carts, battery charging systems, personal transport vehicles (ie hauling passengers in airports), etc. The company has done an excellent job in design and manufacturing, but is in need of sales and marketing. Current sales volume is $2M. They hope to sell to a larger company with sales and established distribution channels or to someone familiar with the industry and has the financial capacity for a deal this size. There is no formal asking price at this time. The owner owns the real estate comprised of 18,000 SF building located in an industrial park on about 5 acres. He is open to selling the business with or without the real estate. Both the business and real estate are owned debt free. All buyers must sign a confidentiality agreement to obtain additional information.

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