Business Overview:
This company, founded in 1971, produces specialty tools for use in the assembly of manufactured products. They are the benchmark producer and widely used in industries such as automotive, farm, heavy truck, motorcycle, and off road assembly lines. The company has vendor codes with a number of OEMs including all the major automakers, Kenworth, Navistar, Detroit Diesel, etc. etc. The company is poised for continued growth due to recent product innovations which have been enthusiastically received by the industry.
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Property Features and Assets:
Approximately 5,000 square feet of very typical small manufacturing space with the offices located in the Mezanine area. Excellent location and very reasonable rent. High ceilings and a loading door would allow for additional machinery or equipment to be moved in or out.
Market Competition and Expansion:
There are several other companies in this space, however this company, founded in 1971 is the oldest, best know producer with the highest quality and broadest range of products. They are the gold standard.
Reason for Selling:
Other business demands.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.