Profitable Niche Specialty Manufacturer and Metal Shop

Lewis and Clark County, MT (Relocatable)

Profitable Niche Specialty Manufacturer and Metal Shop
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Asking Price: $325,000

Cash Flow: $53,453

Gross Revenue: $325,719

EBITDA: N/A

FF&E: $182,000

Inventory: $95,000

Established: 1926

Profitable Niche Specialty Manufacturer and Metal Shop

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Business Description

This unique manufacturing business has roots going back to 1926 in Illinois, where it was originally established and has been owned by the same family for three decades. It was moved to Colorado in the 1950s and to its present location in Montana in 2011. Over the years it has developed a number of proprietary products for businesses and consumers including Lecterns, Pedestal Stands, Ladder Racks, Nesting Stands and Display Tables all designed for specific uses and built to high quality standards. Its products help users organize and display various products and can be accented with garlands or lights and customized for the user's application. The company sells throughout North America and the Caribbean and exports to Europe, Asia and Australia. In addition, the company operates a small-engine repair business that utilizes the equipment and skills of the personnel.

Detailed Information

Location:
Lewis and Clark County, MT
Inventory:
Included in asking price
Employees:
3 FT/1 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The company operates from a modern 4,900 sq. ft. building in a commercial area of Helena easily accessible from a nearby state highway. Office space, including a showroom, occupies about 25% of the space; another 50% of the space is used for fabrication and assembly and 25% for materials and finished goods storage and staging.
Competition:
There is little direct competition in this specialized market sector, especially from domestic producers, as the company's product line is unique. Plus, the company has a reputation for quality and innovation with its customer base, which should become the foundation for new products with an attentive marketing campaign.
Growth & Expansion:
The present business is solid and growing about the same rate as the overall economy. Building on the past and adding complementary product lines or developing new customers are up to the skill and desire of a new owner. Using modern internet platforms like Amazon, should attract new inquiries and possibly new opportunities to make products for a wider variety of customers. The possibilities for light manufacturing are open and depend only on the skill and imagination of the new owner.
Support & Training:
Will train for 12 weeks @ $4K. A new owner should have experience managing a light manufacturing and assembly operation. Skill with machine tools, drill presses, lathes plus a passion for marketing and developing new products should bring future growth and success.
Reason for Selling:
Owner would like to retire to pursue other interests.
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(from currently available funds)
 
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John Maslanik

Business Listed By:
John Maslanik

Murphy Business and Financial

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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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