Precision Sheet Metal & Powder Coating Manufacturer For Sale

Marion County, FL

Seller Financing Available
Precision Sheet Metal & Powder Coating Manufacturer For Sale
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Asking Price: N/A

Cash Flow: $175,000

Gross Revenue: $1,830,000

EBITDA: N/A

FF&E: N/A

Inventory: $57,000*

Rent: $0.38 /Month

Established: N/A

*not included in asking price.

Precision Sheet Metal & Powder Coating Manufacturer For Sale

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Business Description

Our client is an ISO 9001:2015 registered high-quality precision sheet metal fabricator. It offers a range of solutions for sheet metal parts, including prototyping and has in-house power coating and silk-screening capabilities. It serves over 150 customers across a range of industries which includes highly desirable customers in industries such as medical equipment, defense, communications and power.

Over the years, the Company has invested over $2,000,000 to enhance its operations; all of its manufacturing control systems and CAD systems are state-of-the-art and are compatible with most drawing systems. A full management team is in place to run the day-to-day operations of the business.

For the right strategic buyer, one with a diverse fabrication shop that can take advantage of the company’s current outsourced parts and opportunities the company cannot bid on, the Company can be a great addition and provide a clear strategic value to those relationships. Further, an additional $120,000 in savings can easily be identified for an established company.

The following are some of the key strategic strengths that are the foundations of the company’s future performance and investment value:

ISO 9001 Certification & Registration – The company is proud of its ISO 9001 registration and the Company’s ability to maintain it after each audit.

Close Relationship with Valuable Customers – The company’s close relations and long history with customers can provide a strategic buyer the opportunity to leverage these relationships and win additional work.

Bid Opportunities – Each year the company receives several hundred opportunities to bid on machining projects which they are not equipped to produce.

Contract Manufacturing – For the right strategic buyer this can serve as an immediate benefit by simply absorbing the outsourced parts and services into their current operations.

Quality – One of the keys to the company’s success and revenue growth can be clearly attributed to the Company’s commitment to quality and attention to details.

Powder Coating Line – Besides the Company’s ability to provide contracted Powder Coating Services to nearby industries, the company is also certified by a major defense contractor as a provider of Powder Coating Services.

Skilled Workforce - Experienced and knowledgeable particularly during the development and prototyping stage of new products.

Detailed Information

Location:
Marion County, FL
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
18,000
Lease Expiration:
7/31/2019
Employees:
24
Facilities:
Lease is $6,800 per month for 18,000 sq/ft fabrication facility and powder-coat & silk screen facilities
Competition:
This company differentiates from others with service, higher quality and ability to produce prototypes.
Growth & Expansion:
Opportunity to bring more work in house and sell machining work which the company is not bidding on. The Company’s position within the precision sheet metal industry and its strategic relationship with some of the most coveted customers should serve as a great indicator that the market still demands a quality focused shop.
Financing:
Limited seller financing
Support & Training:
Owner could stay up to 2 years
Reason for Selling:
Retirement
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Michael Vann

Business Listed By:
Michael Vann

Split Rock Capital, LLC

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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