Metal Stamping Comany
| Asking Price: | $1,500,000 | Inventory: | $50,000 ** |
| Gross Revenue: | $1,500,000 | Real Estate: | $600,000 ++ |
| Cash Flow: | $250,000 (comments below) | FF&E: | $1,000,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Cash Flow Comments: Seller | |||
The company is a traditional stamping company with press capacity to 400 Tons, a coil capacity of 8,000 lbs, a maximum width up to 36.0", and a maximum stock thickness of 0.187". Created as a metal stamping service center, the company is ISO-9001-2000 registered, and offers the capabilities to provide a wide range of parts production and sub assembly operations. Industries served include automotive (60%), lawn and garden (10%), heavy trucks (5%), all terrain vehicles (5%), and material handling (20%). A knowledgable staff of professional employees in manufacturing, quality assurance and customer services are available and motivated to assist customers in all areas of the metal stamping process. The company work and safety record is excellant, with no violations during the most recent MIOSHA inspection. A unique opportunity to acquire a strong company with a solid history and reputation. Sellers will consider all proposals for merger or acquisition.
About the Business
Year Established:1998
Employees:14 full time -
Facilities:The company operates from a well maintainied 20,000 SF leased facility, that includes administrative offices and a fully air conditioned shop. Situated on nearly 5 acres of land, there is room to expand the present facility, and the related lessor is now including the the real property as part of the total purchase.
Market Outlook and Competition:The market outlook for the company is very positive. Business is generated from a number of quality customers in several different industries, with new work already committed or on the horizon for the coming year. Currently over $30 million in quotations are outstanding awaiting release for production.
About the Sale
Reason For Selling:Members of the ownership group are ready to retire and/or move on to other opportunities.
Seller Financing:Seller financing possible for qualified buyers.
KEYWORDS: Metal, Manufacturing, Stamping, Metal services, Metal sub assembly
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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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