MergerPlace

Established Machine Shop

Michigan


  • Asking Price: Not Disclosed
  • Gross Income: $1,200,621
  • Cash Flow: $284,708
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #205028
  • Established: Not Disclosed
  • Employees: 6

Business Description

Established in the late 1990s, this consistently profitable and stable Company offers a broad array of machining services to its customers. Additionally, the Company sells its own patented testing products. These products represent a significant growth opportunity as these are the only such products on the market. This Company is the most recent iteration of a machine shop that has been in continuous operation for decades. It has weathered numerous regional economic downturns, deep national recessions, and the transformation of entire manufacturing industries and processes. Ownership has been successful putting in place the people and systems to allow them to largely remove themselves from the Company’s day-to-day operations and monitor its performance remotely.

The real estate is owned by the corporation and available for sale. It consists of a 22,000 square foot facility well-located between two metropolitan areas.

There are a total of 6 employees not including the two owners. The owners are retired and live out of state. They check in with the business from time-to-time, however do not participate in the day-to-day operations.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency. You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the email cannot be found please email info@caldergr.com and request a PDF version.

Once we receive your NDA and answers to some basic questions the Confidential Offering Memorandum (OM) will be sent to you from the project manager.

IF YOU DO NOT RECEIVE A FOLLOW UP EMAIL AFTER YOU SUBMIT YOUR NDA, PLEASE CHECK YOUR JUNK MAIL FIRST. If you do not see the email there, please email info@caldergr.com for support. Thank you in advance!


Business Details

Primary Business Category: Manufacturing - Machinery
Location: Michigan

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 6

Financial Information

Gross Revenue: $1,200,621
Cash Flow: $284,708
Seller Financing Available: No

Property Information

Facilities:

The real estate is owned by the corporation and available for sale. It consists of a 22,000 square foot facility well-located between two metropolitan areas.

Growth & expansion opportunities:

The Company's growth opportunities include: 1) Patented Testing Products – Existing customers of the Company’s testing products include 3M, DuPont and many other smaller manufacturers. The patent on this product is good for another 15 years and all sales thus far have been generated by word-of-mouth. It is estimated that a strategy to more actively market and sell these products could triple sales, which currently stands at about $300,000 per year. 2) Sales/Marketing – Company does not engage in any sales or marketing efforts. This reflects the owners’ conservative approach to growth and the limitations of their skill sets. While it has certainly not prevented the Company from being highly successful, more rapid growth will require a more aggressive strategy for developing business and acquiring new customers.

Competition:

The Company's investment highlights include: 1) Core Niche – Company has the capability to manually machine, rebuild and grind large components for a specific industry. This is a competitive advantage that is maintained not only by the large equipment required to do such work but by highly skilled machine operators who have logged hundreds of hours doing this unique work that is impossible to automate. 2) Limited Competition – During the last recession, many two and three-man machine shops in the area went under, allowing the Company to grow its market share.

Reason for selling:

The owners are retired and live out of state.

Support & Training:

The owners are retired and live out of state. They check in with the business from time-to-time, however do not participate in the day-to-day operations.

Contact Business Seller

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Business Listed By:

Max Friar

Calder Capital, LLC