ASBURY, N.J., Sept. 29, 2016 /PRNewswire/ -- Accelerated Manufacturing Brokers, Inc. has announced the exclusive listing of a New England based Glass Manufacturer. Accelerated specializes in the sale of manufacturing companies nationally whose revenues are generally between $2-$15 million. The glass company is being offered at $3,595,000. The company boasts more than 80 active clients with no more than 10% of the sales coming from any customer. They just completed an addition, taking their facility size up to 12,000 square feet, which will allow for increased production.
"This company has what the majority of today's manufacturing business buyers are seeking," according to Frances Brunelle, President of Accelerated Manufacturing Brokers, Inc. These features according to Brunelle include:
- Sales in an upward trajectory
- Product based manufacturing
- Operation can run independent of owner involvement
- Solid sales and project quoting team
- Low customer concentration
- Higher net income as a percentage of sales than the industry average
- Much lower accounts receivable than the industry average
- Significant growth opportunity
"I encourage anyone seeking a manufacturing acquisition in New England to contact us to learn more about this or other area listings," states Brunelle. Manufacturing companies are currently the most sought after acquisition in the lower middle market. All of Accelerated's current listings can be viewed at: www.AcceleratedMfgBrokers.com
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SOURCE Accelerated Manufacturing Brokers, Inc.