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Industrial Cotton Gin Supply
Location: United States -> Tennessee -> Memphis
Industry: Manufacturing > Machinery Manufacturing




Business Summary

Over $1,000,000 in inventory included in this growing business! Located near Memphis, Tennessee, this business specializes in distributing cotton gin replacement parts for industrial cotton gins, nationally and internationally. They work directly with dealers to ship overseas, keeping them free from international paperwork and expenses. The company's primary products include hydraulic and electrical replacement parts. Offering these services requires a facility to store inventory and perform minor assembly functions.

The company has a proven track record, with many years of repeat customers. With its niche range of services, the company's marketing efforts focus on targeting dealers and industrial cotton gin operators within the cotton growing states of America. With a large customer base and solid reputation, the company continues to attract new customers while maintaining its reputation with existing ones. Replacement parts are sold directly to industrial cotton gin operators nationally, and internationally through dealers.

This owner operated business is managed in a hands-on fashion giving the owner full control over the quality of products and the customer service provided. After years of hard work and loyal customers standing true throughout the years, the current owner is approaching retirement and ready to see a new owner take the company to the next level. Owner financing may be negotiable for the right buyer. Please contact IAG for full details, including location specifics.

Asking $3,400,000.00. The 18,883 square foot facility features an office and a spacious and organized warehouse. This property is in good condition and is available to lease.


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $1,490,000
Cash Flow:   $382,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $1,550,000
Seller Financing:  No

About The Business

Year Established:  2001
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  While the owners are approaching retirement, the rest of the staff will most likely be willing to stay on after the sale.
Reason For Selling:  Approaching retirement

Photos

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Industrial Cotton Gin Supply Photo 1




Print Listing Id: 700271554
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