Overview
This is an opportunity to acquire an established state of the art re-manufacturing facility specializing in large commercial compressors. They re-manufacture compressors for their customers on a national basis. This is not a re-build or repair facility, but one that re-manufactures large compressors to be as good as or better than the original compressor. This company has developed and implemented the most sophisticated re-manufacturing process in the industry. Some features:

 Demand Flow Technology Business Process – Their fully implemented JIT system allows for low cost, high quality, high output re-manufacturing that inspects, tracks, verifies and documents every step of the process.

 Proprietary Software and Work Flow Programs – Programs have been developed for training, testing, employee certification, compressor certification, compressor performance, compressor diagnostics, designs and reporting. The implementation of these programs has resulted in the company building the best product. Customers have reported that warranty/concession costs have been reduced by as much as 60 to 75%.

 Highly trained and skilled Self Directed work force - Employees perform in self directed work teams with no direct supervision to produce better than new compressors in a timely and cost effective way. This is a stable non-union work force with the average of about 3 years with the company. All are actively involved with the company training and certification program.

General Information
Year Established: 1985
Employees: 16ft
Facilities: The Company built and moved into a new 25,000 square foot facility in mid 2006. Features include: 24 foot clear ceiling, tilt-up concrete construction with polished floors, large storage capacity, controlled parts department, paint booth, process layout manufacturing (gets the most production output per square foot) , offices, conference room with total office/plant HVAC controlled with Merv-11 environmental standards.

The company has invested heavily in both quality and control, and is perhaps the only company in the industry with the following credentials:
ISO 9001       For Quality Management
ISO 14001     For Environmental Management
ISO 18001     For Safety Management
All certifications have the prestigious UKAS Registration. This is effectively a “Green” Company.

Market Outlook
Competition: There are many small and large companies that rebuild or repair or refurbish compressors. There is no real competition that provides the same quality re-manufacturing as this company. A survey of industry engineers, contractors and technical sales people found this company to be far superior to 10 other large industry re-manufacturers that were included in the survey.

Growth and Expansion: This segment of the re-manufacturing industry has been growing at a compounded rate of about 10% for the past 10 years with recent growth approaching 20%. The company has incredible upside opportunity for the right synergistic buyer. It offers significant competitive advantages that would improve customer satisfaction, reduce warranty costs and improve the bottom line. The existing facility is capable of more than doubling current output without the need for costly capital expenditures. (The company currently operates 10 hours per day, four days per week. The suggested increased capacity is based only on the same single shift schedule with a few additional employees) Their re-manufacturing programs and procedures could be implemented in other facilities. The return on the investment of acquiring this company will be quick for the right buyer.

About the Sale
Structure of Sale: The deal structure, terms and conditions are open for discussion.
Support / Training: Programs are in place, and a smooth transition would be assured.
Non –Compete: Included
Reason For Sale: Owners are dealing with health issues.

Invitation
Site Visit: The owners believe that no potential buyer will truly be able to understand the advantages, differences and benefits of this re-manufacturing facility without actually visiting the plant and having a complete tour. I would like to invite you to tour the facility and meet with the owners to see how forward-thinking this company is. This would be an opportunity to see first hand what can be done in re-manufacturing and to discuss how this company may be a smart acquisition for you. One day out of your schedule could not be better spent.