Tube Cut-Off Company

Not Disclosed, OH
Lake County

Northeast Ohio


Asking Price: Annual Revenue:
$10,000,000 $8,012,860

Manufacturing: Non-classifiable


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RE: Tube Cut-Off Company Broker: Michael Benson

Quick Facts

Asking Price: $10,000,000
Annual Revenue: $8,012,860
Net Profit: Not Disclosed
Cash Flow: $250,313
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1973
Employees: 32
BBN Listing #: 901744443
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

Their business is cutting steel tubing (75% of business) and bars (25% of the business) to precise lengths, with the ends finished and ready to use. They can also deburr the ends, chamfer inside or outside, thread inside or outside, serrate, knurl, vibratory finish and add rust protection. They specialize in high volume orders, typically thousands of pieces.

Their customers include automotive, heavy equipment, fluid power, consumer appliance, firearm/defense and other manufacturers who need tubing or bars cut to very precise tolerances.

Because of the precise tolerances of many of their jobs, they use one operator at each machine and do 100% inspection of most jobs. They are ISO-9000 certified and have an excellent reputation in the marketplace for quality and service.

There are machines for performing secondary operations including tumblers, knee mills, drill presses, punch presses, surfaces grinders, a band saw knurling machine and a turret lathe, but secondary operations are discouraged.

The company is seeking a strategic buyer or turnaround specialist who can add this operation to enhance their capabilities and manage the business to growth and greater profitability.

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 has 60,000 sf of manufacturing space, 22,000 square feet of warehouse and the office is 2,500 square feet. They use only one brand of cut off machines. This means any operator can operate any machine and they can easily maintain and repair the machines.

Reason for Selling:

Retiring

Additional Details:

  • The property is owned.
  • The owner is not 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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