Owner Financing is Available
Business Overview:
SOLD! No Automotive Customers—Very Diverse Customer Base. This profitable smaller job shop foundry is just right for an owner/operator who wants to grow a business. A new opportunity has presented itself for the company to run its own proprietary parts. These parts are needed by every village, township, city, county and state in North America; and this new line should increase the company’s revenues and profits significantly. Parts currently produced include vacuum sweeper components, solar panel brackets, oil field wrenches, pulleys, hydraulic pump adapters, well caps, gear boxes, and motor end plates.
The current owner is in his 70's and hasn't actively advertised or promoted the business for ten years. Yet this company had over 30 active customers in 2008 (no proprietary work in 2008 or as of 6-30-09) and ran dozens of different parts. The work force is experienced, local to the plant, and non-union.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Near a major highway and in close proximity to major industrial cities. .64 acres includes older frame and concrete building consisting of approximately 9,460 square feet. Annual Real Estate Taxes are $2,444.
Market Competition and Expansion:
This industry is projected to grow at a 4.4% annual rate through 2012.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- 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.