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Tuesday, November 24, 2015

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(Distressed) E-Coat Finishing Line of Equipment

The company is a distressed automotive finisher. The owners purchased and rebuilt a Therma-Tron X system in 2009. Business was consistent and growing at $250-300K/year, but then the owners ran out of working capital and were forced to shut the doors.

The bank has mandated that the owners sell the equipment in order to pay back a loan.

The owners owe a significant amount of money to the bank and cash has run dry. The time to act is now. Asking price is $300,000 however the owners will consider all offers on this cutting edge finishing system.

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Niche Industrial & Mining Product Manufacturer

Since 1916, this company has been manufacturing a niche product used in heavy industrial and mining applications.  The business has been owned by the same husband/wife team since the 1980’s, and now the current owners are ready to retire. Their desire to drive into the sunset in their new travel trailer could be the opportunity you have been looking...

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