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Listed by:

Advanced Business Advisors

Metal Finishing In Southwest Michigan For Sale

Michigan, US
Asking Price:
$475,000 Furniture / Fixtures included
Sales Revenue:
$1,032,000
Cash Flow:
$210,000

UNDER LOI - Own a profitable metal cleaning and finishing business with a 15-year history of success and growth. This business offers a variety of metal finishing services, including electropolishing, passivation, pickling, powder coating, media blasting, aluminum cleaning and general degreasing.

Their customers range from publicly traded companies to regional and local companies. With continued research and development, they have created a substantial database of metal finishing processes and procedures that production teams have at their fingertips. They also keep process control cards to verify that process and procedures are followed to the letter and in a consistent manner. Quality control is a major part of the processes, and their system promotes consistency and superior quality in the processing of parts.

Property Information

Real Estate:

Real Property Included

Location:

50,000 square feet of indoor space with room for expansion over the next several years
Has dock and grade level doors
Close proximity to 2 major freeways

Premises Details:

Available for purchase and/or lease

Business Operation

Expansion Potential:

Second electro-polishing tank being installed
Sales focus has been on current customer base, added focus on new customers could fuel grow and expansion
Small parts conveyor lint to bring in production parts processing

Competition / Market:

Few competitors in the market space
Competitors cannot compete for larger parts
Competitors provide low level of quality service

Reasons for selling:

One owner looking to retire

Employees:
10
Years established:
15

Other Information

Support & training:

The current owners will provide professional support through a transition period
Own owner wants to remain with the company under and employment agreement

Furniture / Fixtures value:
$306,600 - included in the asking price