Owner Financing is Available!
GPM is a family owned and operated manufacturing facility specializing in the production of fabricated metal parts and assemblies. Among the most common types of parts they produce are cabinets, brackets, sub-plates, chassis, rack mount chassis, frames, panels, doors, boxes, shelves, enclosures, and heat shields. They are project based, and receive requests to produce usually a limited quantity of units based on the clients drawings. GPM has a fully functional fab shop including a water jet for precision components. The shop is currently underutilized and has the ability to grow revenues beyond $2M annually without significant CAPEX. The revenue base is recurring and the company does not have the resources to hire a sales representative. Additionally, they are passing on new bid opportunities due to limited cash flow. The owner will stay to transition the new owner and may entertain a consulting/employment position. This company has a customer concentration of 63% last 5 years (average) and 78% projected for 2012.
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.
Reason for Selling:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.