MergerPlace

Sheet Metal Product Line Manufacturer

Michigan (Muskegon)


  • Asking Price: $395,000
  • Gross Income: $852,875
  • Cash Flow: $160,727
  • Real Estate: $600,000
  • Inventory: Not Disclosed
  • FF&E: $178,000
  • Listing ID: #214263
  • Established: 62
  • Employees: 5

Business Description

Well established with over 60 years in the industry, this niche sheet metal fabricator manufactures laboratory ventilation equipment for institutional, industrial and pharmaceutical customers in both the US and Canada.

The Company handles the entire sale procedure in-house, from soliciting orders, fine-tuning product requirements, to production and shipping. The Company is known for its durable and top-quality products and agility as a smaller-sized player in the industry. Due to the Company’s longevity, the Company has 1,000s of pieces of branded equipment in the field, offering a natural marketing base for future orders.

Ownership is looking for a quick transaction with an ideal buyer being one with hands-on sheet metal fabrication experience. This ideal buyer could easily be an individual seeking to become their own boss, or a metal fabrication company that is looking to add a product line to their portfolio.

The business is very niche and time-tested. With the right effort, the new owner could reasonably expect high earnings of $200,000+ annually.

The owner is interested in remaining with the Business to assist through a transition period and potentially longer term.

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 non-disclosure agreements (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 NDA email cannot be found, please email info@caldergr.com and request a PDF version.

Once we receive your NDA, the offering memorandum (OM) will be sent to you. They will be happy to correspond and answer your questions directly. Thank you for your time!


Business Details

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

Company Information

Year Established: 62
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 5

Financial Information

Asking Price: $395,000
Gross Revenue: $852,875
Cash Flow: $160,727
FF&E: $178,000
Real Estate: $600,000
Seller Financing Available: Yes

Property Information

Facilities:

The Facility, a well-maintained 24,000 sq. ft. building, contains office space, a display and manufacturing room, conference and break rooms as well as 2 loading docks for trucks. The facility was recently painted as well. The real estate is available for sale or lease.

Growth & expansion opportunities:

Growth Opportunities Include: (1) Expand Shop Crew: The Company stands to benefit from adding to its crew and being able to take on more projects. (2) Market More Aggressively: The Company engages in very little marketing, which the owner has admittedly neglected, but this serves as an opportunity to capture more business. (3) Pursue Higher-Margin Work and Bigger Jobs: The Company has the infrastructure in place to, by current ownership’s estimates, handle five times as much production volume. (4) Build Recurring Revenue with Higher Profile Clients: Most of the Company’s work is currently non-recurring. Pursuing clients that require consistent manufacturing work would reduce client acquisition costs and generate recurring revenue.

Competition:

Investment Highlights Include: (1) Established Reputation for Quality Products: The Company excels at manufacturing niche, high-margin lab equipment. (2) Industry Experience & Presence: The Company boasts complete concept-to-production capabilities and is a one-stop shop. The team is very well-versed having served the industry for over 60 years and the Company’s name is reputable. (3) Size-Advantage in Agility and Customer Satisfaction: The Company delivers the quality of a larger Business while exhibiting the speed, flexibility and agility of service larger firms cannot match. Customers are generally very pleased with the clear and consistent communication throughout the sale and installation process.

Reason for selling:

In need of a partner with hands-on sheet metal fabrication experience. Pursuit of retirement.

Support & Training:

Ownership is willing to provide reasonable and customary transition assistance.

Contact Business Seller

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Business Listed By:

Max Friar

Calder Capital, LLC