Hot Listing
A % of a Design & Metal Fabrication Company
Business Description
We are an established business of 7 years serving the retail, grocery, flooring industry, and others. We have established customers. We have averaged 1.1.-1.3 million in sales over last 3 years. We are becoming more known in our industry due to our relationships and quality. I have 550K in equipment. 150,000 in wiring and setup of the building. We have an established and skilled staff.
We have:
4000 watt laser
2 Breaks
2 spot welders
Robotic Versa welder
Mesh welder
Powder coating operation ( conveyor line)
And a lot more…
We have:
4000 watt laser
2 Breaks
2 spot welders
Robotic Versa welder
Mesh welder
Powder coating operation ( conveyor line)
And a lot more…
About the Business
- Years in Operation
- 8
- Employees
- 10 (10 Full-time)
9 - Facilities & Assets
- We have:
Mitsubishi laser
2 Breaks
2 spot welders
3 Press welder
Aim 2D bender
2 Shuster wire straighteners
Powder coating system ( conveyor line)
And a lot more… - Website
- HTTPS://www.foremostind.com
- Market Outlook / Competition
- Our core marketing is growing. The grocery retail grew leaps and bounds in Covid. So even in scary market conditions our products are still needed. We are also growing by turning customer into small equity owners. This allows them to have more tools to work with for growth, more vertical to grow into with a team, and more security in getting their products manufactured.
- Opportunities for Growth
- Cons: We have grown a lot over the last 2 years. We only have room for 1-2 more brands or products of size, so we are looking for the right partner.
Pros: We are smaller and leaner. Easy to manage. We have a major relationship to outsource to when we get overwhelmed. Our overhead is small. We are not frontend heavy. All of our labor ( even myself and my lead) are direct labor at times. We have great workers.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 30,000
- Rent
- $5,000.00 per month
- Lease Expiration
- 1/2/2027
About the Sale
- Seller Motivation
- The reason for selling a portion of the company to a minority equity partner is:
- Transition Support
- We are an established business that produces for established retail brand as well as growing brands. Our goal is to bring on partners who have a growing brand and product to help them in the areas such as design, innovation, prototyping, and manufacturing.
- Financing Options
- We owe nothing on the business
Listing Info
- ID
- 2139245
- Listing Views
- 8259
Listing ID: 2139245 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. See our full Terms of Use. Learn how to avoid scams.
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