Business For Sale

Profitable Niche SW-Michigan Manufacturing Company

Not Disclosed, MI

Southwest Michigan

Asking Price: Annual Revenue:
Not Disclosed $1,071,411

Manufacturing: Machinery

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RE: Profitable Niche SW-Michigan Manufacturing Company Broker: Max Friar
License #: 6505390109
Owner Financing is Available!
Limited financing available for qualified buyers.

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $1,071,411
Net Profit: Not Disclosed
Cash Flow: $218,602
Total Debt: Not Disclosed
FF&E: $321,000
Real Estate: Not Disclosed
Year Established: 1998
Employees: 12
BBN Listing #: 978245079
Broker Reference #: 042

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Business Overview:

With a history spanning over two decades, this very stable SW-Michigan-based Company is a well-established manufacturer of specialized, niche tooling parts and accessories. This business features a tenured team that is highly experienced within the fields of engineering and machining and is also capable of running the floor operations with only limited oversight from the owner.

The Company has developed and maintained strong relationships with a large number of customers worldwide, providing them with a consistent stream of recurring orders from a diverse base. Customers continually come back to them due to quality, consistency and value. The Company has experienced a recent uptick in demand thus far during 2018 and is primed to increase profits significantly.

The Company specializes in a niche market, maintains a well-honed product catalog and does not face significant competition. The Company provides services to a diverse customer base including those in distributing, manufacturing, and other sectors.

The owner is in his 70s and desires to slow down and transition into retirement. Therefore, he has decided it is time to transition the business to new owners with a vision to grow and sustain the business for many more years to come.

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Property Features and Assets:

The Company operates out of a 8,000 square feet facility with roughly 1,200 square feet of office space and the remainder being dedicated to manufacturing. There is also a small break room and facilities located in the office space. The facility is located on 2.8 usable acres and could easily be added-on to.

Market Competition and Expansion:

Investment Highlights Include: 1) Steady Demand - The Company has seen consistent demand for their products throughout their history. Their top customers keep coming back for more and many have even been customers for over 10 years. 2) Customer Service - The Company is very well established within the niche industry. Customers know this is a name they can trust and continue to turn to them with new orders. 3) Revenue Capacity - The Company has several opportunities to grow revenue through facility expansion and addition to staff. Due to his desire to slow down, the owner has been selective about the orders that the Company takes on. In the past, there was a 2nd shift, however he made the decision to end it simply because he did not want the personal stress. Growth Opportunities Include: 1) Marketing Enhancement - The Company currently does not invest in marketing efforts. Investing in marketing would allow them to reach a greater number of potential customers and increase revenue. 2) Sales Force Addition - The Company does not currently have any sales force to reach out to potential customers. With this addition, the Company may be able to expand the customer base significantly. 3) Addition of a Second Shift - A surplus of demand is being experienced by the Business currently. An addition of another shift would allow them to take on additional jobs and increase revenues. The present owner has decided not to do this as a personal decision because of his desire to transition into retirement.

Reason for Selling:

Ownership is transitioning into 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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