Business Overview:
Company supplying the Firearm industry with precision parts for their weapons. The Company owns IP specific to the industry, widely useful for one of most widely-used rifles in history. Customers of the company include some of largest firearm brands on earth, who continue to increase their purchasing of products from the Company. Sellers have many years experience within their niche & are willing to stay on. Price inclusive of precision machinery already tuned & fitted with approximately $490,000 appraised value. Company has in previously manufactured for high-end Jewelry companies, Medical Device companies & many more, but has decided to refocus on their area or expertise and are seeking equity investment, partnership, or complete sale with strategic acquirers.
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Property Features and Assets:
Facilities: Warehouse & machine Shop with market rent.
Relocatable? Yes.
Market Competition and Expansion:
Market Notes: The firearm industry has seen massive increases in sales in 2020 due to concerns surrounding the COVID-19 virus. Many firearm supply companies have seen surges in sales of products larger than they have seen in many years. This increase may level off, but gun sales should remain constant as demand continues to grow for personal firearms.
Growth Notes: The company has begun to bounce back from low 2019 revenues due to refocusing sales & manufacturing efforts within their market niches. The company has also increased business with it's largest clients & continue to grow these relationships & sales channels.
Reason for Selling:
Seeking Strategic Acquirers to scale the business.
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.
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