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Tooling-Manufacturing and Sourcing
This unique, 27 year old business has carved out a very desirable niche by providing a single source of tooling for manufacturers, with a concentration in the sheet metal and fabrication industry.
In essence, they match manufacturers with tooling vendors with an emphasis on value, timeliness, and the very highest levels of customer service and care.
Customers include Manufacturers and Job Shops such as Lighting and Window Manufacturers. Also in the client mix are trailer manufacturers as well as tooling for refrigerators, freezers , door hardware, locks, aluminum extrusion windows and metal file cabinets. In addition they work with makers of recreational vehicles and prefabricated housing, just to name a representative sample. Clientele is primarily located in the southwestern US, while vendors are a mix of US and Canadian firms.
By virtue of the depth of product offered, this business has been profitable during all phases of the business cycle over the years.
Currently this business is home based, although if desired, the new owner could move the operation to a commercial/industrial site, which would enable the firm to carry inventory and further expand services to clients.
The seller further notes there are several opportunities for significant immediate growth by implementing such enhancements as credit card acceptance and the development of an internet shopping mechanism.
The purchase price includes some initial training for the new ownership (from the present owner who?s been in the industry for 40 years). In addition, the seller would consider an expanded, longer-term role if the buyer desires, assuming both parties are amenable to a reasonable employment/consulting agreement.
Sales: $879,357
Seller?s Discretionary Cash Flow: $230,559
Asking: $749,990
Disclaimer: The information above was furnished by the seller. Sunbelt Business Brokers of Orange Coast or its agents have not verified the information and makes no representations as to its accuracy or reliability.
For more information call Steve Thomson, CBI, at Sunbelt of Orange Coast at ------------.
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