MergerPlace

Manufacturer/Fabricator- Valves & Damper

Ohio (Erie)


  • Asking Price: $1,280,000
  • Gross Income: $1,551,424
  • Cash Flow: $179,924
  • Real Estate: $661,168
  • Inventory: $100,000
  • FF&E: $609,459
  • Listing ID: #203152
  • Established: 1969
  • Employees: 13 FT/1 PT

Business Description

The Listing Price includes the Real Estate. The Business is listed for $830,000 and the Building and Property for $450,000. The Real Estate is owned by the Company and the Owner would like to sell them together.

This Company has a 50-year history and in that time has achieved worldwide sales of over 22,000 units. This Business utilizes modern technologies and techniques to engineer and manufacture a range of dampers and valves for use in multiple industries. 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.


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: $1,280,000
Gross Revenue: $1,551,424
Cash Flow: $179,924
FF&E: $609,459
Inventory: $100,000
Real Estate: $661,168
Seller Financing Available: Yes

Property Information

Facilities:

Property consists of 4.51 acres of land with four (4) structures totaling 27,695 of square footage. Additionally, site improvements include chain link fence, concrete and slag parking areas, two (2) 5-ton cranes, two (2) 2-ton cranes, one (1) 5-ton crane, and on site water treatment facility. This commercial property is listed for $450,000 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