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Aluminum Smelting Foundry For Sale

Noble County, Indiana, US
Asking Price:
$955,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$601,411 (USD)
Cash Flow:
$194,226 (USD)

This listing is for a well-established and profitable aluminum business located in northeast Indiana that is available to a qualified buyer. For over 30 years, this business has specialized in aluminum smelting, aluminum ingots and rotary extrusion in the secondary nonferrous metals business within the primary metals industry. The foundry specializes in 850 and 852 alloys. This business allows a buyer to realize a strong yearly cash flow of nearly $200,000 with consistently strong revenues and a loyal and large base of customers. This is an ISO certified shop that focuses on automotive accounts with whom they have earned a stellar reputation over the years. In addition to the strong yearly income, over $900,000 in asset value is to be transferred with the business sale. This includes their real estate and the plant that is valued at $265,000. The foundry features two furnaces and the business is able to operate efficiently with a limited number of skilled employees. If you would like more information about this business opportunity, or if you would like to schedule a site visit, please contact the agent either by phone, or by replying to this listing online. Online inquiries will be responded to with an email from address with an NDA attached. These can sometimes get filtered into junk/spam folders. If you do not hear back from us within 24 hours, please contact the agent by phone.

Property Information

Real Estate:

Real Property Included

Location:

Northeast Indiana. Noble County

Premises Details:

14,000 sq ft. plant, 800 sq ft. office space. Included in the asking price and valued at $265,000

Size in square feet:
14,800

Business Operation

Expansion Potential:

Add Outside Sales, Add New Product Lines, Increase Marketing

Reasons for selling:

Retirement

Employees:
3
Years established:
39

Other Information

Support & training:

Owner will train the buyer for 4 weeks.

Furniture / Fixtures value:
$554,000 (USD) - included in the asking price
Inventory / Stock value:
$104,415 (USD) - included in the asking price

Contact The Marvin Group LLC

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