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Southeast USA Businesses For Sale

Food Processing & Conveyor Belt Systems

Business Profile: Food Processing & Conveyor Belt Systems

Mfg-Metal Products
Raleigh, NC

Purchase Information

Seller will consider some financing for a qualified buyer

Financial Information

0 Not Included
$2,200,000 Included
$1,600,000 Available

Other Business Information




Business Description

This established business is a Manufacturer and designer of food processing systems and convenor belts systems. The different systems include straight, include and spiral. This Food Product Systems manufacturers and Designer provides services for clients in the Mid-Atlantic & Mid-West Regions. They also cater to other industrial and commercial trades as well. Approximately 80% of the work they do is related to the conveyors. This company has about 25 full time employees. When equipment is completed in the manufacturing stage and is ready for installation, a project manager travels to the location and uses third parties for all installation needs. The owner owns the real estate personally. In March 2023 the owner had the main facility appraised at $1,600,000 which included the 24,000 sq. ft. manufacturing facility on 6.45 acres with an additional unimproved 5.62 acres for an additional $400,000. The owner is open minded to selling or leasing the real estate. There is no formal asking price but the seller does have price expectations of approximately a 5x multiple on adjusted earnings. The owner is receptive to all fair and reasonable offers. Contact the listing broker, Bill Law on his cell at 704-904-6624 or email bill@sunbeltbrokers.biz.

Please Note: All listings herein are exclusive to this listing office as of the date of submission. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect.
William A. Law, CBI
(704) 644-1141
(704) 904-6624
Southern Mergers & Acquisitions, Inc.
255 S. Matanzas Blvd.
St. Augustine, FL 32080
Listing Number:  53314-BL

Southern Mergers & Acquisitions, Inc.

(704) 644-1141

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Southern Mergers & Acquisitions / Manufacturing, Distribution & Service Businesses
1206 Torrence Circle Davidson, NC 28036 | 704-897-8232

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