Steel Fabrication with Dist. of Patented Products

Not Disclosed, SD

Asking Price: Annual Revenue:
$100,000 $258,342

Manufacturing: Metal Products

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RE: Steel Fabrication with Dist. of Patented Products Broker: Josh Grode Wolters

Quick Facts

Asking Price: $100,000
Annual Revenue: $258,342
Net Profit: Not Disclosed
Cash Flow: $95,551
Total Debt: Not Disclosed
FF&E: $18,421
Real Estate: Not Disclosed
Year Established: 1992
Employees: 3
BBN Listing #: 28394955
Broker Reference #: 5401-15441

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Business Overview:

This steel fabrication company creates heavy equipment products for use in a variety of industries. Individual parts are cast and formed elsewhere then assembled in their local shop as customer orders come in. Included in the sale are five registered patents protecting the method and manufacture of integral aspects of the product. Also included are all the tools and equipment necessary to continue operating this business. This would be a natural fit for an existing manufacturer, or an entrepreneur looking to grow on a global scale.

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Property Features and Assets:

The 2,000 square foot shop provides office and warehouse space. Rent is very reasonable and this location is not crucial to the operation of the business. This business could be moved virtually anywhere in the country. Assets-$20,857

Market Competition and Expansion:

There are only two primary competitors for this product in North America. There is plenty of room for expansion. This company’s products are of superior quality and workmanship with better pricing. There is huge growth potential both domestic and internationally. More trade shows would increase brand awareness. There is considerable market share that is untapped. The owners have not been able to spend adequate time on this business as their other business has grown substantially and they have encountered some health problems. In the past, when trade show attendance increased, sales follow. A new owner with the ability to travel to shows should see a proportionate rise in orders. The European market is wide open. This company would be a great addition to any manufacturing portfolio.

Reason for Selling:

Owner’s health issues and an uptick in their other activity.

Additional Details:

  • The property is leased.
  • 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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