For More Information Contact Southern Mergers & Acquisitions, Inc. (704) 644-1141 info@southernmergers.com
Business Profile: Engineered Equipment & Mobility Systems Mfr
Computer Graphics
Charlotte Area 55819-BL
Purchase Information
$2,500,000
Financial Information
$1,645,779
$133,662
$597,000
Included
$425,000
Included
$1,500,000
Included
Other Business Information
1988
20
18000
N
N
N
Business Description
This company designs, develops, manufactures, sells and services custom engineered equipment and mobility systems for industrial applications.
In 2015 the company invested heavily in developing new EV (Electric Vehicle) products and designing additional mixing tank systems. They have a competitive advantage now with the huge investment they made in developing their comprehensive line of specialized EVS and state of the art mixing tank systems of the Material Handling Equipment sector. Many of the mixing tanks go into large automotive manufacturing facilities.
Manufacturer of Battery Powered Material Handling and Personal Transport Vehicles for a variety of industries (industry, commerce and consumer applications). Also Designers and Manufacturers of Miscellaneous Material Handling Products. They also have an Industrial Mixer division.
The cash flow in the business has varied from year to year largely due to the amount of R&D in any given year. The Seller owns both the company and real estate debt free. There is no formal asking price or terms. with the company in a limited capacity.
Please Note: All listings herein are exclusive to this listing office as of
the date of submission. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE
STATEMENT is signed by the prospect.
