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This contract manufacturer of specialized parts has carved its niche in areas that are still continuing to grow. Compared to its competitors, they have not seen the significant downturns, and the remainder of 2009 should realize enough increased sales to overcome the minor hits that were taken early in the year. Current clients are in industries being helped by new government funding as well as through innovations in commercial product offerings. There are very loyal, long term, and well trained employees in place with a highly capable plant manager who understands the demands and specification requirements. The current owner focuses on administration, strategy, pr, sales, and buildings and equipment. He is willing to stay on during a lengthy transition to ensure the new owner is fully trained and able to handle the needs of the company. He owns the real estate and is open to either leasing or offering the property for purchase.
Sales and Cash Flow are projected 2009 numbers. All equipment and in-process inventory is included in the sale. Inventory is based upon demand and is brought in just in time for the current project. Building and machine capacity is readily available due to current operations only being performed during one shift. Because of the available space and machine time, this could be a great acquisition for another similar manufacturer to combine with and reduce fixed expenses, or by an individual buyer with industry contacts to grow the business into its full capability.
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