Metal Fabrication Company For Sale

Business description

This is a reputable, established company with 35 years in the metal fabrication industry. Always emphasizing excellent quality and prompt turnaround, the company specializes in metal plate and structural shape sub-contract manufacturing. They offer unique, complex, high-tolerance custom structural and sheet metal facrications for small or large products. Also offers prototyping, short and long-run parts manufacturing, design services, cutting, CNC punching and notching, forming, rolling, welding, finishing, grinding, tumbling and polishing. The employees will be trained in lean manufacturing in September. It consistently services the defense, power generation, food and beverage, medical, paper and specialty equipment industries. To build upon its solid base of sales and clients, they have reently undertaken an aggressive marketing campaign. As a result, the company has maintained historic average sales ($75,000/month) in a tough economic climate. It has also added three new customers in just four momths.

Property information

Real Estate:

Real Property Included

Location:

There is a 10,000 square foot facility with about 2 acres of real estate in an industrial area.

Other information

Expansion potential:

Ther are numerous opportunities to grow. Buyers could increae capabilities by adding a tilting head and additional pump to the waterjet, upgrading the press brakes, adding semi-automated welders and adding machine shop capabilities, such as CNC mills. The business could also pursue welding and ISO 9000 certifications, which would open it up to larger vendors. Could also make better use of its web site by adding online sale for small, fast-turnaround cut parts and fabrications. Buyer could continue with the aggressive marketing campaign already started.

Competition / Market:

Customers prefer a local supplier. Coupled with the fact that the company's niche is lower-volume fabrication for smaller manufactuers, competition has been limited.

Support & training:

The owner is willing to stay on to assist the buyer in a transitory capacity that would include temporary full-time help, if required, followed by a period of on-call assistance.

Reasons for selling:

Pursue another business interest.

Contact the seller