MergerPlace

Mfg./Fabricator- Custom Valves & Dampers

Ohio (Erie)


  • Asking Price: $1,530,000
  • Gross Income: $1,598,900
  • Cash Flow: $254,998
  • Real Estate: $661,168
  • Inventory: $138,322
  • FF&E: $619,459
  • Listing ID: #203152
  • Established: 1969
  • Employees: 13 FT/1 PT

Business Description

This business is a facility that utilizes modern technologies and techniques to engineer and manufacture a range of dampers and valves for use in multiple industries.

This Company has a 50-year history and in that time has achieved worldwide sales of over 22,000 units. The workforce has an average tenure of 8 years, with a technical staff capable of engineering and manufacturing valves in multiple different materials for use in both, high temperature and high pressure applications.

The Company excels at fabrication, repair and modification and is known in their industry for being a producer of high quality and long lasting products. The Company also fabricates pressure vessels, for which they hold both ASME "R" and "U" stamps.

This commercial property is listed with Thomas J. Schutrump Realty and is included in the price of the business.


Business Details

Primary Business Category: Manufacturing - Fabricated Metal Products
Location: Ohio
County: Erie

Company Information

Year Established: 1969
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 13 FT/1 PT

Financial Information

Asking Price: $1,530,000
Gross Revenue: $1,598,900
Cash Flow: $254,998
FF&E: $619,459
Inventory: $138,322
Real Estate: $661,168
Seller Financing Available: No

Property Information

Facilities:

Property consists of 4.51 acres of land with four (4) structures totaling 27,695 of square footage. This commercial property is listed with Thomas J. Schutrump Realty and is included in the price/sale of the business.

Growth & expansion opportunities:

Over the last 2 years, the Company has initiated many programs to improve the company's efficiency and capabilities to better position themselves for future growth.

Competition:

This Company is known in their industry for being a producer of high quality and long lasting products.

Reason for selling:

Owners want to retire.

Support & Training:

Will train for 10 weeks @ no cost. This Company is capable of engineering and manufacturing valves and in multiple different materials for use, in both, high temperature and high pressure applications.The Company also fabricates pressure vessels, for which they hold both ASME "R" and "U" stamps.

Contact Business Seller

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Business Listed By:

Michael Carrozza

Murphy Business Brokers