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.
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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.