MergerPlace

Precision Tooling Company

Michigan


  • Asking Price: $150,000
  • Gross Income: $592,907
  • Cash Flow: $30,909
  • Real Estate: $350,000
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #199013
  • Established: 1948
  • Employees:

Business Description

This ISO-certified business, founded in 1948, produces specialty tooling solutions for its customers across the United States. The business operates out of a 5,500-square foot facility and manufactures quality tooling products. Considering the niche market segment, the business has a strong position within its industry. The knowledge that the operators of the business have built over time has propelled the company’s success.


Business Details

Primary Business Category: Manufacturing - Fabricated Metal Products
Location: Michigan

Company Information

Year Established: 1948
Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $150,000
Gross Revenue: $592,907
Cash Flow: $30,909
Real Estate: $350,000
Seller Financing Available: Yes

Property Information

Facilities:

5,500-square foot facility

Growth & expansion opportunities:

The business could easily expand work for current customers through investment in new machinery. The company currently turns down a lot of work that is available, because it does not have access to the equipment necessary. A new owner could expand the tooling capability through investment and greatly increase revenue with current customer base. Website development would be another method of expansion for the business. While the company has operated successfully for almost 70 years without a website, there is a clear opportunity for growth through the development of a website for the business to drive revenue from new customers.

Competition:

This specialty manufacturer is ISO 9001:2008 certified. This shows how important quality management is to the business. People, Quality and Knowledge have been a cornerstone for this company throughout the years. The business has leveraged its people who have the right knowledge for the industry to produce quality products for loyal customers.

Reason for selling:

The owners have reached advanced age are seeking to sell the business to someone who can continue the business’s quality craftsmanship.

Support & Training:

The owners have reached advanced age are seeking to sell the business to someone who can continue the business’s quality craftsmanship. Necessary assistance will be provided to ensure a smooth transition of ownership.

Contact Business Seller

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Business Listed By:

Matthew Baas

Calder Capital, LLC