Business Overview

Manufacturing is back and better than ever with 2022 forecasted to be a fantastic year.
Metal fabrication will never go away. This is a necessary part of the manufacturing process that isn’t overly dependent on the consistent technology upgrades you see in CNC machining.
Long standing relationships with strong companies allows this company to crank out the business with no sales staff. There is room to grow with expanding to a 2nd shift.
If you’re a powder coating or plating company, this could be a great addition to your company to capture another revenue stream and create a feed for your business. Great as a bolt-on acquisition for private equity groups looking to add to their portfolio. $700,000 in P.O.’s for 2022 as of late January!

Financial

  • Asking Price: $1,200,000
  • Cash Flow: $431,170
  • Gross Revenue: $1,556,757
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1986

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:4,245
  • Lot Size:N/A
  • Total Number of Employees:6
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

4,245 sq. ft. leased facility

Is Support & Training Included:

Seller supports transitional training.

Purpose For Selling:

Retirement

Additional Info

The business was started in 1986, making the business 36 years old.

The company has 6 employees and is situated in a building with disclosed square footage of 4,245 sq ft.
The property is leased by the business for $5,166 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons people choose to sell businesses. However, the real factor and the one they tell you might be 2 entirely different things. For instance, they may state "I have way too many other commitments" or "I am retiring". For lots of sellers, these reasons stand. But, for some, these might just be justifications to try to hide the reality of changing demographics, increased competition, current reduction in earnings, or a range of various other factors. This is why it is very vital that you not rely entirely on a vendor's word, however rather, use the vendor's answer together with your total due diligence. This will paint a much more practical picture of the business's current situation.

Existing Debts and Future Obligations

If the existing company is in debt, which many businesses are, then you will need to consider this when valuating/preparing your deal. Numerous companies take out loans so as to cover points such as supplies, payroll, accounts payable, and so on. Keep in mind that sometimes this can imply that earnings margins are too small. Lots of companies fall into a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may additionally be future commitments to take into consideration. There might be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with suppliers that need to be satisfied or might result in charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the location attract brand-new customers? Many times, companies have repeat customers, which create the core of their daily revenues. Certain elements such as new competition sprouting up around the area, roadway building and construction, and also staff turnover can impact repeat customers and adversely affect future revenues. One important thing to take into consideration is the location of the business. Is it in a very trafficked shopping mall, or is it hidden from the highway? Clearly, the more people that see the business on a regular basis, the better the possibility to construct a returning consumer base. A last thought is the general area demographics. Is the business situated in a densely inhabited city, or is it located on the outside border of town? Just how might the neighborhood typical family earnings impact future revenue prospects?