Northeast Metal Finishing & Coating Manufacturer

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Award Winning Metal Finishing Company - Substantial Year Over Year Growth
Asking Price:
$1,600,000

Gross Revenue:
$1,500,000
Cash Flow:
$460,318
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$1,000,000
included in asking price

Real Estate:
$200,000
not included in asking price

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Business Description

Our client Company is an award winning and rapidly growing Northeast based Metal Finishing & Coating Manufacturer. The Company has experienced dramatic year-over-year growth as the founder continues down a path of continual improvement and investment, even on the approach to retirement. The Company has recently achieved their AS9100 certification and made major upgrades to their metal finishing lines. The Company serves a variety of industries including aerospace, military, electronics, firearms, HVAC, automotive, agriculture and other OEMs. Additionally, the Company has been working with some national, publicly traded companies on proprietary coatings to provide their products with superior durability and enhanced function. The Company is also working on product development with a well-funded medical instrument startup.

About the Business

Location:
Oneida County, New York
Year Established:
2008
Number of Employees:
19
Relocatable:
Yes
Real Estate:
Owned
Building Sq. Ft.:
14,000
Facilities:
The Company operates out of a 14,000 square-foot facility on over 5 acres. The facility is owned by the founder under a different corporate entity. The building is available for purchase at $200,000 or for lease at $3,500 per month triple net. The owner’s strong preference is to sell the building with the business. The building was recently appraised at $210,000.
Website:
acceleratedmfgbrokers.com/manufacturing-business-listings/metal-finishing-coatin
Market Outlook/
Competition:
The Company has only a few regional competitors who are larger than they are. However, the competitors’ large size makes them awkward and unable to respond to the customer’s need for speed. Through servicing this need while maintaining quality and a willingness to act as an R&D arm to the marketplace, they’ve found their niche and experienced steady growth. Gaining market share should be relatively easy for someone with a marketing and business development background.
Growth & Expansion:
The company has a strong management team and excellent systems in place. The founder has gone to great lengths to ensure that an acquirer will not have high capital expenditure after taking over the business, as most equipment has only recently been put into service. Having built relationships by acting as an R&D arm to major corporations, the founder has “loaded the bases” for the next up at bat.
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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:
1553642
Ad Detail Views:
305

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Business Listed by

Frances Brunelle

Accelerated Manufacturing Brokers, Inc.

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