Manufacturer Of Micro Hydro Energy Systems

MANUFACTURER OF MICRO HYDRO ENERGY SYSTEMS Established in 1980 this company designs and manufactures micro hydro power systems for use in off-grid residential and commercial locations as well as back-up systems in case of power outages or shortages in other areas. From its location in southern New Brunswick the company has sold its products to customers in many countries around the world as well as in Canada and the U.S. Customers have ranged from cottage owners and tourism businesses to offshore oil drilling rigs. Since Covid the company has generated yearly revenues in the range of $200,000 to $300,000 while operating with the owner and two employees. WHY BUY:  Long history of profitable operation  Environmentally friendly renewable energy products The owner’s preference is to sell the business in its entirety including the land and building in a transaction structured as a sale of shares. The shares are offered at $540,000. Alternatively, the owner will consider selling all of the operating assets of the company excluding the land and building for $215,000 and leasing the real estate to the purchaser on terms to be negotiated. The buyer may choose to purchase the assets and relocate the business. .