Business Overview:
This Steel manufacturer, or also call a Job Shop, is a fantastic business opportunity for the experienced/savvy buyer or buyer group who want to own a very successful manufacturing business with decades of history and loyal clientele. The owners are ready to retire from a near lifetime of growing this great business and have positioned it for a new ownership team. The business has maintained solid revenues and a strong bottom line for many years. Located in the heart of a thriving metro-plex, growing and maintaining this business is a very achievable goal.
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Property Features and Assets:
They operate out of a very large facility with ample room for growth. The offices are 2500 square feet with a shop at approximately 25,000 square feet. The overall lot size is around 67,000 square feet and most of that is either paved or has a structure in place.
Market Competition and Expansion:
While there are other competitors in their industry they have set themselves apart from others due to short lead times and consistent delivery times at a fair price. They do not have a major marketing plan and yet consistently hit their numbers year after year. A buyer with Sales and Marketing skills could more than double the business in their current location.
Growth Expansion Pros and Cons: In the words of the owners “The only thing standing in the way of growth is sitting in these chairs” and they were referring to themselves. The market is there and they have the room to grow. The business could be almost doubled with the current staff and the building could handle more than one 40 hour shift making growth even more inevitable.
Reason for Selling:
Retiring
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.
Resources: