MergerPlace

Grand Rapids Manufacturing Business

Michigan (Kent)


  • Asking Price: $700,000
  • Gross Income: $695,947
  • Cash Flow: $202,767
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $150,000
  • Listing ID: #207509
  • Established: 1987
  • Employees: 9

Business Description

With a history spanning over three decades, the Company is a well-established light manufacturer with finishing capabilities. This turnkey operations has an excellent team including a manager who oversees day-to-day operations.
The Company has been consistently profitable and its longevity and client base generates recurring revenue with little investment in advertising and marketing. Due to a strong balance sheet and stable cash flows, the Company does not require debt to fund maintenance or growth.
The Company specializes in a niche market and does not face significant competition. The Company provides services to a diverse customer base including customers in printing, packaging, and other sectors.

Ownership has decided it is time to transition the business to new owners with a vision to grow and sustain the business for many more years to come.

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 - Miscellaneous Manufacturing
Location: Michigan
County: Kent

Company Information

Year Established: 1987
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 9

Financial Information

Asking Price: $700,000
Gross Revenue: $695,947
Cash Flow: $202,767
EBITDA: $48,785
FF&E: $150,000
Seller Financing Available: Yes

Property Information

Facilities:

The Company operates out of a leased 10,000 sq. ft. facility in Southwest Grand Rapids. The bulk of the facility is occupied by production area. The facility has a loading dock for incoming and outgoing skids and recyclables. The facility’s office area has two offices, a conference room, and storage.

Growth & expansion opportunities:

Growth Opportunities Include: 1) Marketing Enhancement – The Company currently invests very little in marketing efforts. Investing in a website, advertising or other marketing efforts could translate into incremental increases to the top and  bottom line. 2) Customer Outreach – The Company could invest in a delivery van to reach and acquire more customers. Currently, customers are responsible for drop-off and pickup, yet adding a delivery could yield a tremendous boost to sales. 3) Additional Services – With investment of capital, the Business could add to and diversify its service offerings to compliment its existing services.

Competition:

Investment Highlights Include: 1) Financial Stability and Flexibility – The Company does not have any long-term debt. Annual cash flow funds operations and investment in additional equipment. 2) Turnkey Opportunity – The Company operates autonomously with a general manger who oversees day-to-day operations. Ownership has limited involvement in the Company. 3) Revenue Capacity – The Company has several opportunities to grow revenue through increase in machinery utilization and additional staff.

Reason for selling:

Ownership has decided it is time to transition the business to new owners.

Support & Training:

Will be provided through a brief transition period.

Contact Business Seller

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Business Listed By:

Max Friar

Calder Capital, LLC