Seller's Contact Information
- RE: Manufacturer Of Widely Used Metal Parts
- Contact: Mike Walton
Quick Facts
Asking Price: | $3,399,078 | |
Annual Revenue: | $5,389,669 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,033,374 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1927 | |
Employees: | 18 | |
BBN Listing #: | 339957220 | |
Broker Reference #: | 3N1146 |
Business Overview:
This company, founded nearly 100 years ago, and now in its third generation, continues to grow in the areas of specialty metal parts and light stampings. Their customers include many of the FORTUNE 500 in the automotive and aerospace fields.
Currently they utilize two buildings with over 32,000 square feet. The company has parts in everything from caskets to the lunar lander. Their customers remain diversified enough to weather downturns in different segments of industry, all while maintaining a healthy profit.
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Market Competition and Expansion:
Revenues can be improved by expanding sales staff to generate new customers and increase sales to existing customers. The company would benefit tremendously by the development of a new website and utilization of SEO and other digital marketing techniques. Company could grow significantly by establishing itself as a distributor for other fastener related products.
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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