Seller's Comments and Description:
This offering is for a company that manufactures and refurbishes components for steel producers, specialty chemical producers, power plants and distilleries. Approximately 30% of their revenue comes from new manufacturing and 70% from refurbishing, which makes their revenue very recession resistant.
They are in an industry with very few competitors. They keep a large stock of reconditioned product and replacement components for fast delivery to keep their customers production lines running. There is a patent pending, which is included in the selling price, for one of their reconditioning processes.
The company employs four full time and two part time employees. They are located in a stand-alone building that may be leased or purchased. Please call for details. The seller is offering a significant training and transition program.
Please call Venture Resource Business Brokers at 502-259-9471 for further information. Detailed information about their products, services, and financial information will be provided once a Confidentiality Agreement has been executed. Please refer to listing ES-106