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Deep Draw And Hydroforming Manufacturing Business For Sale

Ventura County, California - South, US
Asking Price:
$1,350,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,358,948 (USD)
Cash Flow:
$520,579 (USD)

This business is a manufacture-to-order deep draw and hydroform specialty machine shop. Having been in the metal forming industry for over sixty years, the business has the ability to work with a wide variety of materials, shapes and sizes. Complex components with critical application are their niche market. The business offers in-house engineering to design and make all tooling alongside the production team. Primary markets served are medical and aerospace/defense. Production contracts already are underway with a current pipeline of orders to ensure profitability well into 2021.

The potential of this company to grow depends on an increased focus on sales and marketing efforts. Current sales have been achieved through reputation and word of mouth. With a proper budget allocation to marketing (website & SEO) there is untapped potential to be reached. A focused effort to increase capture rate with improved follow up efforts would also significantly increase workload. As the shop stands with current employees, there is approximately a 40% utilization rate, so an increase in sales would not immediately require an increase in equipment or human capital.

Property Information

Real Estate:

Lease

Location:

Ventura County

Premises Details:

The facility is located close to the101 freeway in Ventura County. The business occupies two suites for a total of 8525 sq. ft. The building has other suites that are available and could be used for expansion. The property is leased, and was renewed in May 2020 for a five-year period. It is a triple-net lease with inflation adjusted rent annually.

Size in square feet:
9

Business Operation

Expansion Potential:

The potential of this company to grow depends on an increased focus on sales and marketing efforts. Current sales have been achieved through reputation and word of mouth. With a proper budget allocation to marketing (website & SEO) there is untapped potential to be reached. A focused effort to increase capture rate with improved follow up efforts would also significantly increase workload. As the shop stands with current employees, there is approximately a 40% utilization rate, so an increase in sales would not immediately require an increase in equipment or human capital.

Reasons for selling:

Owner is retiring

Employees:
7
Years established:
1953

Other Information

Support & training:

Seller is committed to the smooth transition of the business to new ownership. Seller will stay on for 4 full time weeks included with the purchase price, and may be available for more consultation after the transition period.

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

Seller will consider up to 50% financing for an extremely well-qualified buyer.

Furniture / Fixtures value:
$350,000 (USD) - included in the asking price
Inventory / Stock value:
$150,000 (USD) - included in the asking price

Contact Keystone Business Brokers, Inc.

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