This Company is a precision metal spinning and light fabrication manufacturer with more than 50 years of operating history, taking custom parts from concept to finished goods under one roof. Roughly 90% of sales come from spun sheet-metal components such as shades, housings, cups, bowls and domes in steel, brass, copper, aluminum and stainless, supported by stamping, an in-house tool and die room, CNC plasma cutting, welding and powder coating. More than 180 customers are anchored by design-driven lighting brands, with additional industrial and aerospace work, and loyalty runs deep: 24 accounts have been buying for over 10 years and 9 for over 20 years. Nearly all work is repeat production from existing tooling, and a growing online catalog of standard parts now contributes more than 15% of sales through prepaid orders that ship within a week, while the Company website brings in new RFQs every week and is supported by a Facebook business page. The equipment base is extensive and paid in full, with a Seller-estimated value of approximately $304,000 before the spin-tool and die library, and the current crew can support about one-third more volume without major capital spending. Trailing twelve-month revenue is up nearly 4% on new and expanding accounts, with roughly four weeks of confirmed backlog, and the owner has never had a dedicated sales effort in place, leaving clear upside for a new owner.
After more than 30 years of ownership, the Seller is ready to semi-retire, travel and consult part time, and so he is looking for the right buyer to take what he has built and to grow it to the next level. Confidentiality is a concern for the Seller as he seeks just the right buyer, and so the location information provided in the ad is that of the broker, and not of the Business. Business location and name will be shared once a qualified Buyer prospect is vetted.
NDA is required to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
