Business Overview:
The Sheet Metal Fabrication Manufacturing business fabricates commodity HVAC products for both residential and commercial air distribution markets, to be sold wholesale to a wide variety of dealers and distributors on a national basis. This is a non-union shop located in a small rural community in the Central Midwest. The owner is planning retirement and is looking for an experienced manufacturing person to purchase the business. A General Manager is in place and should remain after the sale under new ownership. The owner has recently purchased new equipment in order to expand production capacity. The total amount of new additional investment in equipment was approximately $200,000. The Business Price (*) includes $500,000 of Net Working Capital (NWC), where [NWC = Inventory + A/R – A/P].
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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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