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Established Custom Heat Treating Equipment Manufacturing And Services In Raleigh For Sale

Raleigh, North Carolina, US
Asking Price:
$552,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$563,024
Cash Flow:
$220,674

With an impressive 39% average net profit, this business has multiple streams of income derived from the design, engineering, and fabrication of custom computer-controlled heat treating and metal tempering machines for clients as diverse as small machine shops to multi-billion dollar global manufacturers for all manner of metallic parts, as well as service, repair, maintenance, and national and international relocation of client-owned equipment.


One differentiator of this business is the ability to design, engineer, and build complete custom systems as well as custom sub-components such as torches, flame heads, control cabinets, or quench solutions under a single roof to meet clients exacting requirements.

NOTE: Provided financial information is for calendar year 2022

A Non-Disclosure Agreement and Working with Real Estate Agents Disclosure will be required prior to release of confidential client information.

This business was established several decades ago out of state and was subsequently relocated to central North Carolina. The company has built a global reputation for quality and cost efficiency.

Working capital is not included in the asking price.

Property Information

Real Estate:

Lease

Lease Terms:

Two leases with uneven expirations.

Leasehold Rent:

$35,445 per annum

Location:

The business is currently located in leased commercial space and could be relocated if desired. Historical rent was higher due to additional space being leased. Go-forward rent is ~$2,950 per month between two leases with unmatched expirations. If the buyer were to relocate, the business would require a higher-pressure gas meter (20 PSI) that is common in industrial parks.

Size in square feet:
4,000

Business Operation

Expansion Potential:

Hiring a salesperson, retaining an outsourced commission-based sales team, or hiring shop workers who can manufacture while the owner is selling products and services. Put in an operating line of credit that allows financing options for clients. Build an in-house spinning machine and formally launch and market outsourced flame hardening and tempering as a service.

Competition / Market:

There has been no direct competition since the 1990s, when a foreign competitor went out of business. Localized hardening is a competing technology using induction, but it costs approximately double and is not as cost-effective for low runs and/or large parts. There is minimal competition from DIY.

Reasons for selling:

True retirement unless employed by the buyer.

Trading hours:

M-F 7am-4PM

Employees:
2
Years established:
46

Other Information

Support & training:

The seller will provide up to 80 hours of transition assistance included in the purchase price. The seller is open to a significantly longer-term transition and/or consulting at a fair market rate.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Only if SBA required which is not anticipated.

Furniture / Fixtures value:
$23,000 - included in the asking price
Inventory / Stock value:
$30,000 - included in the asking price
Relocatable:
This business can be relocated.