A rare opportunity to own one of the leading industry suppliers of Induction Heating, Melting and Casting systems. This business is perfect for someone with an engineering, manufacturing, or finance background.
A high margin business with various customers, this is as recession proof as you'll find on the market. They cover both the national and international market. Act Now- this will be under contract soon! This will be sold quickly- Don't hesitate!
The Real Estate is also available for a listing price of $850,000. The standalone facility on a major road includes offices, and a working warehouse. Total square footage is 9,000. The building is well kept and modern with no additional repairs needed once you acquire it. The building can handle expansion without having to incur any large incremental expenses. With current lending terms, you can buy the Real Estate for as little as 10% down!
The business is poised for growth and with additional sales staff the business can grow organically.
Competition is well established and this business has over 30 years of goodwill. The barrier to entry in this market is high so the business is well insulated from outside competition.
After over 30 successful years, the owner is looking to retire in the next couple years. The owner would like to find a Buyer that will continue what's been established and position the business for future growth. This is a great business with no debt and over $1M in EBITDA.
Will train for 4 weeks @ no cost This business services a broad array of industries including but not limited to the following: Aerospace, Automotive, Medical, Precious Metals, Jewelry Casting, Telecom, power transmission and Oil to name a few. The products they sell are used in industry for Soldering, Brazing, heat treating, shrink fitting, metal melting, metal casting, catheter tipping and heat staking to name a few. Recession Proof Business!