Metal Fabricating with Patented Proprietary Product
Location: Midwest
Industry: Manufacturing > Auto Parts Manufacturing
Financials
Gross Revenue: $8,300,000
Cash Flow: $3,200,000
Cash Flow Comments: Owner
Inventory: $600,000 (Not Included in Asking Price)
FF&E: $600,000 (Included in Asking Price)
Real Estate: $1,000,000 (Included in Asking Price)
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.
Business Summary
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 tubing 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-9001-2000 registered, and holds a recently issued 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. Annual sales are expected to approach $9 million for 2008, with an owner's discretionary income level in excess of $3 million. 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: 12 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 increasing with the trend expected to continue for many years to come.
About the Sale
Management Training and Support: The Sellers wil provide adequate training and orientation in the business operations as part of a 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.

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Listing Tools
BizQuest ID:819003
Seller ID:TSA06-JOL10
Business Listed By
Name:Roger A. Rumble, CBI
Company:The Stratford Associates, Inc.
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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.