Aluminum Manufacturer w/ Large Customer Base

Not Disclosed, CA
Los Angeles County


Asking Price: Annual Revenue:
$1,200,000 $2,246,807

Manufacturing: Non-classifiable


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RE: Aluminum Manufacturer w/ Large Customer Base Broker: Chris Beckman
Owner Financing is Available!
Owner Financing Terms $120,000.00 Owner Financing Interest 6.75% Owner Financing Terms Months 36 Owner Financing Monthly Payment $3,694.29

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $2,246,807
Net Profit: Not Disclosed
Cash Flow: $429,747
Total Debt: Not Disclosed
FF&E: $513,772
Real Estate: Not Disclosed
Year Established: 1971
Employees: 8
BBN Listing #: 559758242
Broker Reference #: 95371-483970

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Business Overview:

This family owned, well-established aluminum manufacturing company has an outstanding reputation, and is well known for quality of its products and personalized attention to every customer. This company has been in business for over 50 years, and was originally an outlet for excess aerospace material, such as tools, end mills, and different types of scrap metal. Aluminum rems and other metals were also sold until the later 1990s when the company began to sell aluminum plate, which was acquired through aerospace auctions. As the aerospace industry became more regulated and strict budgets were put in place, the auctions became less frequent, and machinists now wanted certification and the place of origin for the material they purchased.

The current owners purchased the company in 2011 and now carry only aluminum that has certifications and material with origins that can be traced. They have grown the customer base to over 1,500 companies, and are extremely diversified with no customer concentration. The company mostly sells to machinists, regional aerospace and defense suppliers, mold makers, auto suppliers, and motorcycle manufacturers.

This Aluminum Manufacturer serves aerospace, military, auto, and engineering industries among others. With long- term customer relationships and recurring orders this opportunity will not last long on the market. Products and Services included are: Aluminum plates, Extrusions, Cutting services, and others. In the past this company was ISO certified (ISO 9100 & AS9100C), however, when their customers stopped requiring it, they let the ISO certification expire about four years ago. They still have all of the certification material on hand should a buyer want to re-certify the company post acquisition. The current owner has a General Contractor’s license; however, no contractor’s license is required to run this business.

This company would be a great opportunity for another company in the same or in a related industry to acquire in order to allow for expansion and growth, as well as synergies, or as an add on for a CNC shop. Or for an individual with previous business ownership experience, ideally in the same or a related industry, with experience in machining, metal fabrication, CNC, or the auto or aerospace industries. There is a huge potential for growth as an add on, and to do more marketing as the current owners do not market.

The owners currently have around $438,000 in Inventory, which is included in the purchase price.

The real estate is owned by the sellers and the building is approximately 7,687 Square feet, with a below market monthly rent of $9,000 a month. The sellers are willing to do a long-term lease with a qualified buyer only, which will require a credit check. Experience required as well.

The buyer must demonstrate financial capability to acquire the company, complete an NDA and Buyer Profile, which are both required prior to releasing any confidential information. For more information on this business please contact the agent Chris Beckman. Please use email reply button of this ad to contact us.

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Property Features and Assets:

The business was established in 1971. The founder built a great reputation for the company providing the best high quality products and outstanding customer service. The current owners acquired the company in 2011 continuing the legacy of the founder. Products and services include Aluminum Plates, Extrusions, & Cutting Services among others.

Market Competition and Expansion:

There is a significant growth potential through the addition of more salespeople, & by integrating additional products and services. The owners do not any marketing currently. A solid marketing plan and advertising budget could bring more customers and growth. Strong and consistent performance has been achieved by the current owners. They have quality customers that rely on the company to provide creative solutions, quality products, and an exceptional customer service that has set them apart from others.

Reason for Selling:

Retirement

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.

Relevant Links:

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