Business For Sale

Projection & Resistance Welding Company

Not Disclosed, MI
Macomb County


Asking Price: Annual Revenue:
$400,000 $425,203

Manufacturing: Metal Products


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RE: Projection & Resistance Welding Company Broker: Marsha Barnett-King

Quick Facts

Asking Price: $400,000
Annual Revenue: $425,203
Net Profit: Not Disclosed
Cash Flow: $146,907
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $700,000
Year Established: 1998
Employees: 5
BBN Listing #: 966928552
Broker Reference #: Not Disclosed

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Business Overview:

Second tier mig, projection & spot welding business with a great reputation. Owners have thrived and survived several economic downturns since their purchase 20 years ago.They offer solutions for custom projects requiring unique tooling and machining, consulting services for R&D projects, prototyping and machining. Customers include, auto, agriculture, government and building trades.The sale includes an extensive list of costly, well maintained equipment. There is excess capacity in the shop and office areas. A suitable buyer is someone experienced in this industry or a complementary business requiring additional production space. Potential buyers must be familiar with this trade and ready to replace several family members.

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Property Features and Assets:

21,680 square feet 2-story cinder block building located light industrial area with several retail stores & restaurants close to major freeways. 9 feet main floor has a lobby, several offices and meeting rooms. 17,000 square feet industrial/light manufacturing area has cement floor with 18 feet ceiling. A 5,000 square feet addition was added with cement floor & 19 feet ceiling. There are 2 18' bay doors. The second floor is 1,792 square feet with full kitchen, several offices, restrooms and lounges. Cleanest production facility I have ever seen! Clean environmental test in 2000. Lease or purchase

Market Competition and Expansion:

They survived and thrived several economic downturns including the auto bailout. They are well known and have a great industry reputation. In 2017 their gross sales improved 14% with the addition of several new accounts. The addition of a complementary business or a more aggressive sales strategy offers the best potential growth.

Reason for Selling:

Retiring

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.

Documents:

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