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Metal Fabricator in Strong Niche Market

Business Category: Manufacturing Businesses, Miscellaneous Manufacturing, Primary Metal Industries
Location: Michigan

Listing Price:

$400,000

Revenue: $893,118

Cash Flow: $177,203

Real Estate Available: For lease or for sale
Reason For Sale: Retirement
Number of Employees: 5

Operating in a niche market for over 40 years, this Company specializes in the manufacture of metal furniture parts, staircases & steel fabrication.

The Company has ‘kept it simple’ and expanded organically over the years, simply by keeping aware of their customers’ needs and growing their services and capabilities to meet those needs.

With a large portion of customers operating in new home construction or remodeling, revenue and demand for the Company’s services are expected to remain high for years to come. Both new construction and remodeling demonstrate high growth rates throughout Kent County.

While ownership is hands-on and work full-time in the business, they are able to take several weeks of vacation per year without interrupting or straining current operations.

No licenses are required; however, it would be beneficial for a buyer to have experience in welding and metalwork.

Opportunities for Growth

(1) Invest in Marketing and Technology

(2) Hire Employees to Support Growth

(3) Price Volatility of Raw Metals

Investment Highlights

(1) Excellent Supplier Relationships – suppliers are stable, provide outstanding quality, and extremely quick delivery

(2) Niche Market – competition is virtually non-existent

(3) Simple Business Model —easy to run and train new owners or employees

(4) Loyal Customer Base — 90% repeat customers

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