Manufacturer - UNIQUE Industrial Steel Product

Burlington County, NJ

Manufacturer - UNIQUE Industrial Steel Product

Asking Price:$1,200,000

Cash Flow:$377,000

Gross Revenue:$1,000,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:N/A

Manufacturer - UNIQUE Industrial Steel Product

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Business Description

This 50 year old USA Manufacturer produces a niche steel product that is used in medical, defense and electronic applications. This is both a standalone opportunity as well as a perfect add on opportunity. The Company is the only manufacturer of this product in the world and they sell the product to their competitors. The company does no marketing at this time and has both horizontal opportunities to sell their product to a wider range of industries and customers as well as realistic vertical opportunities to add additional value to their product. The manufacturing process is not patented but is a closely held secret and includes custom production equipment. The company has a loyal staff of 5 five and operates out of a 7,000 square foot facility which is owned by the principals and leased back to the company. The current owner is ready to retire and feels a more aggressive owner could do great things with the business. This is a very low risk opportunity, and the current owner has agreed to stay on in some form, to assure a smooth transition and a complete knowledge and relationship transfer. This is not your standard business opportunity; this is a company that a new owner could market and grow, cashing out at several times his investment in a few years.

Detailed Information

Employees:
6
Facilities:
State of the art - 7,000 Sq feet - 1,000 office 6,000 shop floor. Owned by business principals and leased back.
Support & Training:
90 Days - more if needed.
Reason for Selling:
Retire

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Roy Mita

Business Listed By:
Roy Mita

Plymouth Financial Group

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