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Utah Business For Sale

  
MANUFACTURER OF FERROUS INVESTMENT CASTINGS


Attn: Toby Pence
Not Disclosed, UT, USA
Listing Number: "51049"
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Asking Price: Not Available
Business for Sale Industry: Manufacturing: Metal Products
Yearly Revenues: $2,400,000
Yearly EBITDA: $300,000



Business for Sale Overview:
The Company is a premier manufacturer of ferrous investment castings for a variety of industries throughout the US and Canada. The Company's revenue mix is comprised of stainless steel castings (72% of 2006 sales), steel castings (27%), and nickel alloys castings (1%). The customer base comprises companies in oil and gas (31.7% of 2006 sales), consumer products (25.5%), food processing (8.4%), manufacturing (6.9%), pumps (6.1%), automotive (5.4%), and other industries (16.0%). The Company serves clients in Utah (69.0% of 2006 sales), Oklahoma (4.0%), Texas (4.0%), Wisconsin (3.0%), California (3.0%), Canada (2.0%), and other US states (15.0%). Rapid sales growth (15.8% compounded annually from 2004 2006). 25+ years of providing extraordinary service and excellent capabilities. Diversified customer base. The Company currently produces castings for over seven different market segments including consumer products, manufacturing, and the oil, food processing, and automotive industries. 96% repeat business generated from strong, long-standing clients that have been customers from between 9 and 20 years. Experienced management and staff available to remain with new ownership.



Additional Details:
  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner may be willing to work for the new owner.
  • This may become a homebased business opportunity.
  • This is not a franchise opportunity.
  • This is not a distressed business or bankruptcy situation.

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