Business Overview
- Our client is a leading manufacturer and supplier of elevator control systems since 25 years.
- As the company operates in a highly specialised industry, its client segmentation is very refined and is focused on businesses operating in the elevator industry.
- The business currently has 50 to 100 major lift companies as its clients.
- The company has demonstrated its resilience during the COVID-19 pandemic with continued and stable sales along with no employee layoffs.
Products & Services Overview
The business has configured its operations to drive efficiencies and offer:
- Vertical integration with design, software, circuit board assembly (SMT line) and final controller construction.
- Repair of defective boards in the elevator systems.
Assets Overview
Physical assets include:
- SMT line machinery.
- Forklift.
- Tools and other manufacturing equipment.
- Computers & printers.
- Shelves and racking.
- Office furniture & interior.
Full Sale
Asking Price:
USD
2.6 million
(Native Currency: AUD 4,000,000)
Reason: The owner is retiring after 25 years and wishes to sell the business.
Includes physical assets worth
USD
170 thousand
Interested to connect with advisors
In talks with 3 Investors
Contact Business