Precision Tungsten Carbide Tool and Grinding Co

Not Disclosed, MI

Northern Michigan


Asking Price: Annual Revenue:
Not Disclosed $1,608,580

Manufacturing: Metal Products


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RE: Precision Tungsten Carbide Tool and Grinding Co Broker: Max Friar
Owner Financing is Available!
Limited Seller-Financing Available for Qualified Buyers.

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $1,608,580
Net Profit: Not Disclosed
Cash Flow: $153,621
Total Debt: Not Disclosed
FF&E: $1,095,600
Real Estate: $309,000
Year Established: 2005
Employees: 12
BBN Listing #: 757345079
Broker Reference #: 126

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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.
Once we receive your NDA and answers to some basic questions, the Confidential Information Memorandum (CIM) will be sent to you by the project manager.

IF YOU DO NOT RECEIVE A FOLLOW-UP EMAIL AFTER YOU SUBMIT YOUR NDA, PLEASE CHECK YOUR
JUNK MAIL FIRST. If you do not see the email there, please email us for support. Thank you in advance!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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.

Relevant Links:

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