MANUFACTURER OF ELECTRIC POWERED VEHICLES
Seller:
Attn:
Bill Law, CBI
Location:
Confidential, NC, USA
Listing Number:
8355429
Overview of the Business:
This company has a product line of electric powered vehicles. The smallest is capable of pulling 1100 pounds and the largest can carry 4400 pounds. They also manfacture lifting systems for heavier loads as well as other products including Piggy Backs with detachable trailers for warehouse applications, trailers, and pallet jack systems, hitches, battery carts, battery charging systems, personal transport vehicles (i.e. hauling passengers in airports) etc. The company has done an excellent job in design and manufacturing, but is in need of sales and marketing. Current sales volume is in the $2M range. They hope to sell the company to a larger entity with sales and established distribution channels or to someone familiar with the industry and has the financial capacity for a deal this size. There is no formal asking price or terms at this time. The owner owns the real estate comprise of a 18,000 Sq. Ft. building located in an industrial park on about 5 acres. He is open to selling the real estate or leasing it. Both the business and real estate are owned basically debt free. All buyers must sign a Confidentiality Agreement before obtaining any additional information. No Co-brokers or Buyer Reps--Principals Only--No Exceptions.
Property Features and Assets:
8,000 Sq. Ft. facility located in an industrial park and situated on @ 5 acres. The Seller personally owns the real estate and is open to leasing it or selling it with the sale of the business.
Market Competition and Expansion:
Growth/Expansion: This company is ready to be taken to the next level by a strategic buyer with established marketing , sales and distribution channels.
Additional Details:
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