Northeast Based Stamping Manufacturer

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Great Buy For An Established Stamping Or Fabrication Shop
Asking Price:
$670,000

Gross Revenue:
$1,167,015
Cash Flow:
$167,686
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$274,500
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Our client company is a Northeast based stamping house serving the military, commercial lighting, automotive and retail display industries. The company provides metal stamping and aluminum extrusion fabrication to customers throughout the Northeast and on the west coast. The company also has a CNC milling and turning department, established to better serve their core customers. Customer relationships are long term and their work is mostly repeat in nature, commanding gross margins of 79%. The company is located in an industrialized area with easy access to a skilled workforce. The company’s skilled staff is tenured, but has plenty of work life remaining.

About the Business

Location:
Essex County, New Jersey
Year Established:
1978
Number of Employees:
15
Relocatable:
Yes
Real Estate:
Owned
Building Sq. Ft.:
8,000
Facilities:
The company operates out of an 8,000-square-foot facility, owned by the founder.
Website:
acceleratedmfgbrokers.com/manufacturing-business-listings/stamping-manufacturer/
Market Outlook/
Competition:
In the 1990s many stamping houses in the Northeast closed due to overseas competition. This company thrived through diversification of sectors served and the addition of CNC machining to better serve their customers. This combined with superior quality and turn-around time have kept their customers loyally devoted for decades.
Growth & Expansion:
The company has 4 decades of history and goodwill with customer relationships ranging from 12 to 35 years. These strong relationships and repeat work are by far the Company’s strongest attributes. Also, the fact that they have the ability to do CNC milling and turning makes them unique among most stamping houses. The company does nothing however to promote their services. An acquiring entity can build upon the strong foundation with basic best practices in business development to increase sales.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Seller will remain with an acquiring entity for training and transition
Seller Financing:
Partial Seller financing is available to qualified buyers

Listing Info

ID:
1526078
Ad Detail Views:
799

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Business Listed by

Frances Brunelle

Accelerated Manufacturing Brokers, Inc.

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