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$399,000
Business Type: Manufacturing / Mfg-Electrical Products
Manufacturing / Mfg-Electrical Products
We are pleased to offer for sale, this well-established, 27-year-old family owned and operated manufacturing company was incorporated in 1997, by its current owner. They are focused on working hard to meet their customer demand and exceed their customer satisfaction goals while establishing a strong relationship with their customers, manufacturers, and suppliers. The company’s website has not been updated in many years, and currently provides little value for the company.Over the past three years, this company has generated relatively solid revenues of $448K in 2020, $482K, in 2021, $446K in 2022, and it has generated cashflows of between of $181K, $204K, and $163K, respectively. Physical Year 2023, which runs from November 1, 2023 to October 31, 2024, is off to a slower start due to what is perceived as temporary inflationary concerns and election year politics and uncertainty, and they are expected to fetch revenues of approximately $373K and generate cashflow of approximately $110K.
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