30+ Year Custom Fabrication and Machining Business

Overview

  • Updated On:
  • July 28, 2023

Description

Summary Description
First-rate contract-manufacturing business is seeking and an acquirer/partner with the industry resources to accelerate growth and profitability. As a full service low to medium volume metal fabrication facility this business provides engineering, custom built equipment, CNC Laser Cutting, Robotic Welding, Machining, Brake Press Forming, Painting and Assembly. They are an ISO 9002 Certified and CWB Certified company. The core business has focused on tool fabrication, general fabrication of machine bases and closures, and industrial machine components. The business has grown through referrals, word of mouth, high quality work and exceptional service.

General Information
Year Established: 1989
Employees: 40+
Facilities: The company operates from a 70,000 sq.ft. manufacturing facility situated in a municipal industrial park. Includes office space, shipping and receiving bay, inventory storage, machine shop, fabrication department, paint shop and assembly department.  Clean, organized and efficient.

Market Outlook
Competition: This business supplies high quality products and is centrally located in the Great Lakes/Mid-West industrial heartland.  This business is as a leader in its market by finding creative and innovative ways to improve and provide superior customer service, accurate delivery timeframes and exceptional production to its customers.

Growth and Expansion: Engineering capacity would open doors to ‘turn-key’ solutions for customers. Plus, there is potential to leverage its leading competitive position through traditional marketing and sales efforts.  Further, opportunities exist with current clientele.  Expanded product offerings have been under-utilized with current customer base.

Property Id : 21126
Business Asking Price: TBD
Including: Furniture, Fixtures & Equipment: $1,500,000 Inventory: $100,000
Gross: $16,500,000
Seller’s Cash Flow: $1,630,000
Sellers Discretionary Earnings: $1,630,000
EBITDA: $1,630,000
Listing ID: LBBO49
Support/Training: Transitional training available
Financing: Terms acceptable to the seller
Reason for Selling: Seeking an acquirer/partner with the industry resources to accelerate growth and profitability.
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William Sivell