Business Overview:
This is a very high margin company and one of the oldest metal products manufacturing businesses in the United States. The company is known for delivering high quality American made parts for the petroleum, chemical, water treatment, boiler, pressure vessel, steam generation and heat exchanger industries. They have a stellar reputation for high quality and quick turn-around time on customer rush orders. The company currently enjoys a backlog of 6 to 8 weeks. The seller prefers to sell the real estate with the business transaction. A rent / mortgage adjustment has been made to the represented cash flow.
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Property Features and Assets:
The business is currently operating out of several buildings totaling 104,000 square feet. These facilities currently house the raw materials, manufacturing operations and heat treating.
Market Competition and Expansion:
The company does not currently have an outside salesperson to generate additional revenue. Despite this, a second shift has been added recently to accommodate the current demand and workflow. New ownership can no doubt expand the product line to diversify and complement the current product mix and expand current revenues.
Reason for Selling:
President is retiring and family stockholders are
Additional Details:
- The property is owned.
- 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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