The company was founded in 1992 and is located in Omaha, Nebraska, with a service area throughout the Midwest. This business fabricates precision parts for large machines used by large manufacturers. The client base is 100% B2B, made up of distribution centers, manufacturing facilities, and fabrication shops. The company works with various materials, such as steel, plastic, and other metals, to create these custom parts, Each order is tailored to meet the specific requirements of the client, ensuring that the parts produced are a perfect fit for their intended application. There are four full-time machine technicians who are responsible for the production of custom precision parts. The facility is a spacious 3,440 square foot building that includes two bays for manufacturing operations and an office space for administrative tasks. The owners are responsible for administrative duties and have offered to stay for 1 year for a smooth transition before they enter retirement! They do not perform any labor. The purchase of this business comes with over $400,000 in assets, along with $119,497 in account receivable and a work in progress valued at $219,601.
Priced at $1,350,000, a 10% down payment of $135,000 returns $171,960 in the first year after debt payments! That is a 127% return on investment! As part of the growth opportunities for the business, implementing a marketing strategy would help increase brand awareness and attract new clients. Additionally, hiring an additional machine technician would allow for increased production capacity and faster turnaround times. This business does not carry any special designations such as MBE, WBE, 8a etc..
