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Hi Profit Metal Fabrication $ 774K CF: Big Upside Growth

Well established metal fabrication co with strong earnings, producing their own line of custom products (type of products produced to be disclosed after NDA is executed); products are only manufactured per the specific spec/application, on a per order basis; most of their products are very similar but have various designs, sizes/lengths; manufacturing processes includes primarily cutting and welding, with some bending for certain applications. The owner has been purposefully holding back growth of the company, which the market is demanding for their products. The owner has no interest in growing or adding employees and states they turn down 15-20 orders a month, as they like keeping the company small Order sizes vary from $ 400 to $ 750K, but most are $ 2K to $ 50K in size. The company has a long tenured and experienced staff who produce high quality products. There is a plant manager who runs the manufacturing and production and who has been with the company a long time. Owner is seeking to retire. They are happy to stay on board 1-3 years post sale for a smooth transition period (They have flexibility). There are twelve (12) employees in production/mfg and a total of 25 employees company wide. This company has an outstanding reputation and has been in business over 30+ years. This is a GREAT acquisition for an entrepreneur, or as a complementary add-on type business for a company who already does metal fabrication. The real estate is owned personally and leased back to the company and is also available (flexible on purchase or lease back to the buyer). There is room to expand/enlarge the building. They also only operate on a single shift; a 2nd shift could be added, if desired. Principal buyers only please respond.

Please refer to listing ID: MetalFab4M

Industry:  Manufacturing
Industry Segment:  Metals Components Manufacturing
Geography:  United States
Asking Price:  Not Disclosed
Gross Revenue:  $4,420,000
Cash Flow:  $774,000
Value of Inventory:  $20,000 (Included in Asking Price)
Value of Equipment:  $150,000 (Included in Asking Price)
Value of Real Estate:  $260,000
Year Established:  1981
Number of Employees:  25
Mgmt. Training/Support:  retirement; owner flexible and is happy to stay on 1-2 years for a transition; Long term Plant Manager in place
Reason For Selling:  Retirement
Facilities:  Nice; some room to add on to bldg; located in nice business park
Market Outlook/Competition:  Limited competition in their products; only 3 or 4 known competitors' Very Good Upside growth..Market is demanding more of their products, but owner has NO intrerest in growing or adding any employees (done this for number of years); they turn down 15-20 orders a month, per owner
Name:  Reed Law
Phone:  704-439-2510




9605 Caldwell Commons Circle, Suite A | Cornelius, NC 28031
Phone: 704-439-2510 | Fax: 704-439-2511