Manufacturing (Specialized Metal Niche)

Portland, OR
Multnomah County

Asking Price: Annual Revenue:
$750,000 $1,750,000

Manufacturing: Metal Products

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RE: Manufacturing (Specialized Metal Niche) Broker: Stephen Cohen
Owner Financing is Available!
The seller will finance a portion of the transaction for a qualified buyer.

Quick Facts

Asking Price: $750,000
Annual Revenue: $1,750,000
Net Profit: Not Disclosed
Cash Flow: $340,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 196135781
Broker Reference #: MMP2021

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Business Overview:

This business is a manufacturing company specializing in the fabrication of high quality custom wire products for a wide variety of industries, commercial markets, and governmental agencies, including: lighting and equipment manufacturers, HVAC and electrical contractors, medical and veterinary supply companies, precast concrete suppliers, school support services, storage solution consultants, military and public safety, private and public utilities, nonprofit organizations, and many other businesses both large and small. The business has an incredible reputation due to excellent customer service and a willingness to serve the entire United States. The business only operates during business hours on weekdays. A second swing shift would create additional revenue as they are currently losing some projects based on long lead times.

The company operates out of a twenty thousand square foot location with a mix of offices and a large manufacturing area. The operation is fully equipped with all the equipment necessary to manipulate wire/metal for a multitude of uses. Welders, benders, straighteners, sanders, saws, press brakes and folders are all in excellent shape. A Wafios wire bending machine is included in the sale that has the capability to form, 3D bend, and butt weld into a finished product. It creates a higher profit margin by reducing manual labor by 20% and increasing speed. The computer system has been upgraded in the last five years and the system is set up for remote trouble shooting if needed. The purchase of a second Wafios would lead to immediate growth. An in-house salesman could easily create plenty more work and justify their salary.

The business is staffed by six full-time individuals focused on manufacturing. Experience ranges between 5-20 years with pay rates between $16-$23 an hour plus bonus opportunities. Ownership is a married couple and they both work 30-35 hours a week handling some production, bookkeeping, purchasing, bidding, staff management and some scheduling. The business is extremely well run and two of the current employees have the ability to manage and run the day-to-day operations.

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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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