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Metal Fabricating with Patented Proprietary Product
| Asking Price: | Not Disclosed | Inventory: | $600,000 ** |
| Gross Revenue: | $5,200,000 | Real Estate: | $1,000,000 ++ |
| Cash Flow: | $1,500,000 (comments below) | FF&E: | $800,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Cash Flow Comments: Owner | |||
The company was established in 1996 by the current ownership group for the purposes of producing goods and services for automotive and other industries. Products and services include receiver tubes for receiver style hitches for trucks, cars, RV's or other special applications, as well as full in-house tooling capabilities. The company is ISO/TS 16949:2002 registered, and holds a patent on a sub assembly that is used in virtually every pickup truck, SUV or recreational vehicle on the road today. Customers include both OEM and aftermarket automotive customers, and market share of this proprietary product is increasing at an increasing rate. A knowledgeable staff of professional employees in manufacturing, quality assurance and customer service are available and motivated to assist customers in all areas of the manufacturing process. A unique opportunity to acquire a strong company with a solid product history and reputation, now poised for tremendous growth. Sellers will consider all proposals for merger or acquisition.
About the Business
Year Established:1996
Employees:8 full time -
Facilities:The company is located in a municipal industrial park and operates from a technologically advanced 31,000 SF manufacturing facility, situated on 5+ acres, located within 200 miles of 5 major cities in the Central Region.
Market Outlook and Competition:With the development and implementation of the proprietary patent, the company is quickly becoming the leader in the industry with this niche product. Sales are increasing as more OEM and aftermarket automotive manufacturers are using or implementing the product into their new vehicles. Sales and profitability are strong with the trend expected to continue for many years to come.
About the Sale
Reason For Selling:Created as a start up business, the company has now grown to the point where the current owners are looking to slow down in their business lives in order to devote more time to family and the development of their more individual personal goals.
Seller Financing:The owners are mainly interested in proposals for a complete sale of all business assets. Consideration may be given to a joint venture with the proper buyer.
KEYWORDS: Metal, Metal Manufacturing, Metal Fabrication, Automotive supplier, Patented Product, Proprietary Product
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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