Looking for a buyer.
This business is poised for a new group or person to take it to the next level. Spreading up and down the East Coast would be very easy based on its current location and staffing. Owner is full of expansion ideas will stay around for awhile if needed but plans for retirement w grandkids plus family health issues are the reason for them looking to sell at this time. Fairly priced considering its profit level plus now making their own parts for these home elevators.This business has increased sales and decreased cost of goods sold in 2021. 2022 is already showing a 25% sales increase which projects close to $9 Million Dollars in 2022 Sales. The owner has reinvested profits to purchase more state of the art manufacturing equipment as they prepare to scale up operations.This one if a kind business is a fast growing Home and Commercial Elevator company doing complete installations for existing or new construction homes. They also service all different brands of elevators in addition to manufacturing, milling and assembling their own hardware parts with new cutting edge technology in their cutting edge Precision Machine Shop. It is also included in the purchase price and has cut cost of goods in half over the past year in addition to beginning to have its own stand alone contracts for metal jobs.

listing type
personal introduction
industry
Manufacturing
location
North Carolina, USA
revenue
$6,800,000
ebitda
$1,780,000
owner financing
$4,000,000
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