Business Overview

NORTH AMERICAN METAL STAMPING MANUFACTURER ESTABLISHED IN 1901 FOR SALE WITH GREAT BUILDING AND PROPERTY AS AN OPTION TO BUY

Business Description:
A leading U.S. manufacturer of deep drawn metal stampings in aluminum, cold rolled steel, brass, COPPER, STAINLESS STEEL etc.

Working with customers throughout the United States, Canada and Mexico this company maintains a catalog with over 2,000 standard shapes and sizes that are available with no tooling charges.  Company also offers customized tooling and parts designed to customers’ specifications. Offering and capable of designing a wide range of items from as small as 3/4” of an inch to as long as 20” inches. In-house tooling department has skilled engineers who make high quality dies whether the customer needs a prototype or high-volume production.

This companies finished products can be used in Aerospace & Aviation, Automotive, Consumer Goods, Electrical & Lighting, Irrigation, Plumbing and any other industrial applications including but not limited to…

– Appliances
– Cutlery
– Electronic Measurement
– HVAC
– Hydraulics
– Medical
– Telecommunications
– Material Handling

THIS COMPANIES PRODUCTS ARE BUILT TO LAST!

*The building and property are not included in the listed price for the business. The building and property are available for purchase or buyer has an option to lease. The building and property can be purchased for $2,900,000.

Historical Summary: Family business established in 1901. Metalworking is one of the oldest trades in the world and this long established business has been owned and operated by only one family for generations.

All equipment and machinery along with an extensive library of approximately a thousand dies is all owned, comes with the sale of the business, has been fully depreciated and carries a replacement value of $5,500,000.

Financial

  • Asking Price: $1,250,000
  • Cash Flow: $174,593
  • Gross Revenue: $2,864,032
  • EBITDA: N/A
  • FF&E: $5,500,000
  • Inventory: $15,000
  • Inventory Included: N/A
  • Established: 1901

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:N/A
  • Building Square Footage:55,000
  • Lot Size:N/A
  • Total Number of Employees:14
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Commercial facility with 51,000’ square feet of office and work space sitting on 8 acres with private driveway and entrance. Can easily expand the footprint of the facility. Seller will offer a long term lease or the building and property can be purchased for $2,900,000.

Is Support & Training Included:

Complete support and training will be provided.

Purpose For Selling:

Owner is retiring.

Pros and Cons:

Limited

Opportunities and Growth:

Unlimited

Additional Info

The company was established in 1901, making the business 121 years old.
The transaction shall not include inventory valued at $15,000*, which ins't included in the listing price.

The company has 14 employees and is situated in a building with approx. square footage of 55,000 sq ft.

Why is the Current Owner Selling The Business?

There are all types of reasons why people resolve to sell operating businesses. Nonetheless, the genuine factor and the one they say to you might be 2 entirely different things. As an example, they may claim "I have too many other responsibilities" or "I am retiring". For many sellers, these factors stand. But, for some, these may simply be justifications to attempt to conceal the reality of changing demographics, increased competition, current decrease in revenues, or a range of other reasons. This is why it is very crucial that you not depend absolutely on a vendor's word, but rather, utilize the vendor's answer along with your overall due diligence. This will repaint an extra practical image of the business's existing situation.

Existing Debts and Future Obligations

If the current entity is in debt, which many businesses are, then you will have reason to consider this when valuating/preparing your offer. Many companies borrow money with the purpose of covering items such as stock, payroll, accounts payable, etc. Keep in mind that in some cases this can indicate that revenue margins are too small. Numerous companies fall under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may likewise be future commitments to take into consideration. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing contracts with vendors that must be fulfilled or may result in penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do operating businesses in the location attract brand-new clients? Most times, operating businesses have repeat clients, which develop the core of their daily earnings. Particular factors such as new competitors sprouting up around the area, roadway construction, and staff turn over can affect repeat customers and adversely impact future profits. One important thing to consider is the placement of the business. Is it in a very trafficked shopping mall, or is it hidden from the main road? Certainly, the more people that see the business regularly, the higher the possibility to develop a returning consumer base. A final idea is the basic area demographics. Is the business placed in a largely inhabited city, or is it situated on the outskirts of town? Exactly how might the regional typical family income effect future revenue prospects?