Precision tube bending and forming Company

Providence, RI (Providence County)

Seller Financing Available
some capabilities
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Asking Price: Get Financing: $295,000

Cash Flow: N/A

Gross Revenue: $515,000

EBITDA: N/A

FF&E: $379,225

Inventory: N/A

Real Estate: $485,000*

Established: 1963

*not included in asking price.

Precision tube bending and forming Company

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Business Description

Great addition to a company dealing with Green technologies, air filtration heating and air conditioning, refrigeration, Marine equipment,aeronautical equipment, automotive, Machine tools, hydraulics and more. Facility has both dock height and drive in loading. CNC bending machines , some custom, as well as compression benders, coilers, and rotary benders are employed. The company has developed superior supplier/vendor resources to satisfy tolerances required by customers. Some clients have intellectual property agreements with the company. This requires Confidentiality Agreements by all Buyers. Products containing intellectual components will be kept from view during visits to the company. Full client list is only available after accepted offer.

Detailed Information

Real Estate:
Owned
Not included in asking price
Building SF:
13,054
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Heavy industrial CNC machines and mechanical machinery in a well located facility near interstates. Over 1000 precision bend dies
Competition:
This was a million plus sales company but they have downsized and turned away some business because of volume expected. The company has expertise and over 70% excess capacity to be utilized by a new owner. This business has been in continuous operation for almost 50 years. Some of the tolerances, innovations and capabilities of this company are not easy to find elsewhere. The company has a niche market in high end short run tube bending and coiling.
Growth & Expansion:
Great add on to an existing business selling making or designing components to the heating aeronautical, automotive, refrigerant industries.
Financing:
possible on Real Estate
Support & Training:
As needed
Reason for Selling:
True retirement
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(from currently available funds)
 
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Rosalind Rossi-Newton

Business Listed By:
Rosalind Newton

Hewitt Newton Associates

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