Mfg. - Fabricated Metal Products | Mfg. - Miscellaneous Manufacturing

Asking Price	$400,000	Inventory	$150,000**
Gross Income	$530,000	Real Estate
Cash Flow	$150,000	Year Established	1986
FF&E	N/A	Employees	3

* included in the asking price

** not included in the asking price

This firm designs and manufacturers simple, easy-to-use automatic welding equipment for a variety of industries. They work directly with national welding distributors and end users to design, build, deliver, and repair this equipment. Their equipment allows the customer to repair and refurbish their production machinery on site. Sales average 60% new equipment and 40% reuseable supplies and repair parts. Most units are built from a standard platform with customized controls and features for each end user. Components for the standard platform are built as much as possible in advance so delivery time can be shortened once an order is received. This rapid delivery is a competitive advantage. The premanufactured components are a major part of the inventory and will facilitate early cash flow for the new buyer.

Facilities: The firm presently leases approx. 5000 sq. ft. of office and manufacturing space in a newer suburban facility. Parking is adequate. Rear shipping and receiving convenient. The lease is written to allow the buyer to negotiate their own terms with the landlord if they want to keep the present space. The manufacturing space is split between metal fabrication, painting, and electronic component assembly.

Competition: The firm has an excellent reputation due to the present owners business practices and marketing personality. Customers are located in the US, Canada, and worldwide. Their niche is unique. Customers like the relatively simple design and operation of the equipment which makes it easy to use and repair in the field.

Growth/Expansion: The presesnt size of the business is by design. The owner has tried to balance his business with his personal interests. His sales trips, for example, are all done by car so he can tie in vacations and side trips. Due to the wide location of their customers the present web site can be upgraded and become a major tool in the marketing plan. Potential customers exist world-wide so the business can be operated free of local economic conditions.

Financing: Owner willing to discuss financing part of the inventory.

Support/Training: The present owner will remain available to the buyer for a mutually agreed upon period of time up to 120 days. He will introduce the buyer to all major customers. The present staff is very experienced and would remain with the firm if the buyer desires and locates the facility at the present site or close by.

Reason Selling: The owner is approaching 75 and promised his family he would retire at that time