Executives are leaving Fortune 500 positions to acquire manufacturing companies. Why the move is worth considering.
Leaving Corporate For Manufacturing Business Ownership – An Opportunity You Should Consider
It’s happening all over America. Executives are leaving Fortune 500 positions to make acquisitions within the manufacturing sector. Their goal is to build a company for their family’s wealth, rather than to make a fortune for others. They are skilled in business management and often in sales as well.
One of the main challenges for this group is that they’ve not been involved in running the plant floor in years, and perhaps never. They recognize and want the growth potential that only an acquisition in the manufacturing sector can provide. However, they want their time spent on business development, not on supervising the plant floor. An ideal situation for them is one where they can step into the role of CEO, with the manufacturing side of the business covered by either a plant manager or a partner remaining in the business.
These opportunities don’t come along every day, but one currently exists in northern NJ. Our client is a manufacturing company with steady sales, despite not marketing themselves at all. They have a long-time and loyal customer base and a skilled staff. There are two partners, one of whom is not active in the business and is seeking liquidity. The other partner supervises the manufacturing floor and will remain with an acquiring entity for at least 5 years. The company operates at 48% margins on most of its products and boasts cash flow between $400,000 and $500,000 in any given year. The company is listed at $1.95 million. To learn more, request an NDA by emailing info@AcceleratedMfgBrokers.com.