Business Overview:
The 40-year-old company produces custom agricultural products. These metal products are state-of-the-art and known for their strength and utility. The business operates a modern machine shop. The name is known across the Midwest. The owner is willing to stay on as an engineering and design consultant for a year or more if needed.
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Property Features and Assets:
New equipment has been purchased over the last couple years. Shop is fully air-conditioned with a security system inside and out. Currently at 70% capacity and could take on more work if labor was available.
Assets = $2,466,101
Market Competition and Expansion:
There is no true competition in the area making a similar product of the same quality. Further, there are several aspects of the products being produced that are proprietary and completely customized for the end-user.
The Company is also a distributor for several brands in the industry. A proficient sales team could grow this aspect of the business without having to employ more manufacturing labor.
Reason for Selling:
Retirement.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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