Southeast USA Businesses For Sale

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.