*** SOLD ***
Manufacturer of Composite Machinery
Listing: #LA3029
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About this Business for sale in
Manufacturer of Composite MachineryUnique and Proprietary Composites Engineering and Manufacturing Company that is an international leader in the development of manufacturing processes, techniques and machinery for the production of composite products. Purchasers of these machines then manufacture the high technology materials and use or sell those materials for applications including aerospace, trains, ships, sailboats, motorboats, sporting goods, automotive, transportation, energy production and other cases where light and strong are required characteristics. The end use product is found in satellites, airplanes, golf clubs, skis, autos, trucks, trailers, motor homes, trailers, windmills, and more. Product line currently sells for medium six figures to moderate seven figures. There is limited competition worldwide in this market.;Company currently is a small family owned firm that competes successfully in the market, and has no debt based on its success and conservative management. The new buyer candidate/owner should be prepared to take the company to the next level to interest the seller. Interested buyers should contact the broker to confidentially apply for more information on the company. The seller will review the buyer introductory and non-disclosure package and select which buyers will receive confidential information. Seller is ready to retire but will stay on for one year or longer in a training and advisory role to enhance the buyers success. It is anticipated that the favored buyer will be a Strategic Industry Buyer or a Buyer who wishes to enter into the growing Composites Industry.;For more information, please contact Hazel Hofsess at (310) 539-8300.
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.