Business Overview:
This opportunity is a precision machining and injection mold company located in Northern Michigan. The Company specializes in the manufacturing of carbide and steel tooling for extrusion, deep draw, cold heading, and end form tooling markets. The Company has obtained ISO 9001:2015 certification, demonstrating its ability to consistently provide products and services that meet customer and applicable statutory and regulatory requirements. One of the Company’s main goals is to provide strong, long-lasting products. The Company provides a consistent and precise manufacturing process by integrating the sourcing process for tooling seamlessly into its customers’ overall production goals.
After successfully operating the Business for 16 years, the Owner is looking to transition out of the Business to enjoy more time with family, golfing, boating, hunting, fishing, and supporting the Detroit Tigers. To ensure new ownership is successful and employees are taken care of, the Owner is willing to be flexible with the details of their transition.
Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency. You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the email cannot be found, please email us and request a PDF version.
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Property Features and Assets:
The Company utilizes two facilities. One facility is owned by the Owner through a separate real estate holding entity and is 5,000 square feet. The second facility is leased from an unrelated third party and is 6,000 square feet. The two facilities are within walking distance of each other.
Market Competition and Expansion:
Investment Highlights:
1. Substantial equipment base that can support up to $5M in revenue
2. 10+ year relationships with multiple customers
3. Ability to produce a wide variety of products for a plethora of industries
Growth Opportunities:
1. Recruit new employees from local technical programs
2. Website and marketing improvements
3. Hire a dedicated sales staff
Reason for Selling:
Retirement.
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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