Macomb County, MI Electronic and Electrical Equipment Manufacturers For Sale

Electronic and Electrical EquipmentMichiganMacomb

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Established Tool & Die ManufacturerAn Industry Lader
$3,500,000Cash Flow: $540,000
Established Tool & Die ManufacturerAn Industry Lader

Clinton Township, MI

Large Michigan based, original owner - Tool & Die Manufacturing company for sale. All-inclusive sale, real estate, business, inventory, furniture, fixtures and equipment. This company is rock solid and has longevity, 64 years in the industry and going strong. Long standing customer base with future contracts in place gives tremendous good will and WORLD WIDE DISTRIBUTION is an advantage this company holds! In addition, this company has incredible upside potential for growth and expansion with little competition. Owner is retiring, CEO will stay in place for as long as needed, truly a perfect opportunity to acquire a new company. This manufacturer’s primary business is the design and production of applicators and tooling for the wire harness industry. Although the manufacturing industry can be competitive, this company has major advantages over its competition. One major advantage is the longevity of the company, this holds a perfect position for this industry as experience is a major factor over your competitors. The second strongest advantage is the patents they hold; more than 20 patents have been established by this company over the years which carries increased advantages over any competitor. In addition, this industry is expanding exponentially as electrical applicators are becoming more prevalent in every car, appliance and machinery we utilize on a daily basis! This company has grown significantly over the years and diversified itself within the industry and has now climbed to over 200 customers and counting. The acquisition of this company is a gold mind for the right individual, company and/or investor. Standing profitable over the years with its current work force and positions in place, there is plenty of room for growth. Currently operating with one shift and eleven employees gives way for an increase in position and production. Utilizing approximately 18,000 square feet a 27,000 square foot, free standing industrial building gives a new owner endless possibility for growth and expansion! The facility has been cared for by the owner and is in like new condition. The owner has just installed a brand-new roof on the building including down spouts and gutters, a cost in excess of $150,000. All windows through out the shop area have been replaced with vented glass block which gives tons of light to its interior and esthetic appeal to the exterior. There’s over 2,000 square feet of office space in the front of the building and 6 overhead roll up doors around the exterior that are newer in condition. A new owner has no worries of maintenance, just take over and run the business. The current owner has already had a phase one environmental completed and paid for (within the last 30 days) and the property has passed with flying colors. Please contact the listing Broker Joe Militello with any additional questions you may have, joe@tricoreadvisors.com or call direct.


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