*Turnaround* Specialty Machine Shop
Not Disclosed, IN Not Disclosed
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- RE: *Turnaround* Specialty Machine Shop
- Contact: Calder Capital
Quick Facts
| Asking Price: | $0 | |
| Annual Revenue: | $2,662,470 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $166,433 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $1,716,200 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1973 | |
| Employees: | 21 | |
| BBN Listing #: | 952900 | |
| Broker Reference #: | 271 |
Business Overview:
Located in Indiana, the Company is a machine shop that specializes in providing both metal fabrication and machining capabilities to its customers. The Company primarily serves the aluminum, energy, aerospace, and defense industries, having a strong reputation with notable players in these industries. Additionally, the Company utilizes its machine shop to manufacture bindery equipment for books, textbooks, and graphic arts including paper bags for pharmacies, large corporate human resources documents, etc.
The Company differentiates itself from competitors through its comprehensive service offerings, being able to provide customers with support throughout the entire production process. This includes the ability to design parts and machines coupled with onsite training for the final product. Additionally, the Company houses some of the largest CNC machines in the Midwest, putting minimal restrictions on the projects it can undertake.
Current ownership is looking to divest from the Company to address working capital constraints and allow one of the eldest owners to retire. Some members of ownership are willing to remain with the Company in the event of a transaction. The Company presently operates out of one facility that features both office space and a large shop floor, allowing potential buyers to expand current operations if desired. Current ownership is looking to divest the facility in the event of a transaction.
Buyers will be required to have a minimum of $250,000 of available capital, solid credit, and preferably industry experience to qualify for SBA 7a financing.
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Property Features and Assets:
The Company presently operates out of one facility featuring 77,064 square feet with 16 acres. The facility is owned by the Company, and current ownership is seeking to sell the facility with the Business.
Market Competition and Expansion:
Investment Highlights Include:
1. Comprehensive In-House Capabilities
2. Reputable Customer Base
3. Sizeable Product Backlog
Growth Opportunities Include:
1. Increasing Product Throughput
2. Improving Production Capacity
3. Growing Employee Base
Reason for Selling:
One owner is pursuing retirement.Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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