Description of the business for sale
This company has been manufacturing instrumentation for water/wastewater treatment and chemical process controls in Germany since 1945. A small US division was established by the owner in 1985. The company s reputation for quality, innovative design and technological simplicity is setting industry standards. The technology is proprietary and patentable but the owner has not wanted to incur these expenses. The owner does not advertise but relies only on referrals and repeat business for sales. Presently this is a home based business operated by the owner and one other employee. This business can experience substantial growth with a skilled sales and marketing owner. Additional investment in vertical advertising in select industry periodicals, trade show participation and active selling to potential customers in the present market will turn this sleeper business into a million dollar company. Low overhead with high margins makes this a business a marketers dream. Some current customers include the US government, municipal water generating and treatment plants and distributors.
GROWTH: Proprietary technology can be maximized with patent pending filings. Tremendous growth for sales and marketing owner or organization.
COMPETITION: Competitive products are higher priced and more complicated to use and maintain. Substantial growth potential.
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Support / Training provided by seller
Training and Support for one to three months and thereafter as a consultant if needed.
REASONS FOR SELLING: Retirement.
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Description of the facilities
Owner works out of his home; small machine shop, testing lab, inventory/parts room with assembly and packaging area. Space needed approximately 750 SF.
ADDITIONAL FINANCIAL INFORMATION:
• Financing: Yes, 10% for Qualified Buyer.
• Inventory: $31,500.
• FF&E: $25,000.
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