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*Turnaround* Niche Tool And Die Business For Sale

Michigan, US
Asking Price:
On request Furniture / Fixtures included
Sales Revenue:
$4,730,314
Cash Flow:
$39,881

Located in West Michigan, the Company provides high-quality tool and die services to the automotive, medical, furniture, plastics, and consumer products industries. The Company couples a robust equipment base with industry-leading design software to ensure its customers are promptly served with the best quality possible.

The company separates itself from the competition by building a line of branded specialty molds for the materials research industry, which is a unique niche in which many potential competitors do not participate. The Company’s operations are supported by one operating shift that features knowledgeable staff. In the event of a sale, it is expected that all employees outside of the owner’s son, who works as a sales engineer, will remain with the Company.

The current owner is looking to divest from the company as it has struggled to find the optimal product mix to boost margins. Ownership has lost the passion and energy to work toward a solution and believes that new ownership might bring a fresh perspective to improving the current situation. The company presently operates out of a facility owned by a related entity, and current ownership is open to selling or leasing in the event of a transaction. Current ownership is willing to stay on for a limited period to assist new ownership post-transaction.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and the sending of information for speed and efficiency. You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL.

Once we receive your NDA and answers to some basic questions, the Confidential Information Memorandum (CIM) will be sent to you by the project manager.

If you do not receive a follow-up email after you submit your NDA, please check your junk mail first. Thank you in advance!

Property Information

Real Estate:

Real Property Included

Location:

West Michigan

Premises Details:

The Company currently operates out of one 65,695 square feet facility that features a large office space and a spacious shop floor. Real Estate: $1,970,850.

Business Operation

Expansion Potential:

Growth Opportunities Include:
1. Underutilized Facility Capacity
2. Sales Team Implementation
3. Establishing Long Term Contracts

Competition / Market:

Investment Highlights Include:
1. Extensive Equipment Base
2. Unique Product Offerings
3. Experienced and Loyal Employees

Reasons for selling:

Ownership is looking for a new party to revive the Company and improve the current operating performance.

Employees:
20

Other Information

Support & training:

Management is willing to provide reasonable and customary transition assistance on a full-time or part-time basis following the completion of a transaction.

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

Limited Seller-Financing Available for Qualified Buyers.

Furniture / Fixtures value:
$1,608,000 - included in the asking price
Distressed:
This business is a turnaround opportunity.