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Listed by:

Business Inquiry

Broker license number: 6505349567

Midwest Manufacturing Machinery Designer Builder For Sale

Michigan, US
Asking Price:
On request Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$5,500,000 (USD)
Cash Flow:
$700,000 (USD)

This designer and builder of custom machines and welding technologies specializes in assembly, test, welding and turnkey systems to meet the unique needs of manufacturers. It serves OEM, Tier 1 and Tier 2 suppliers in industries such as automotive, aerospace, appliance, chemical, recreational and commercial and household products throughout the nation and world. Its expert teams provide design, engineering, build and testing capabilities creating equipment and refining processes to help manufacturers run at peak efficiency. The Company has positioned itself to provide an impressive variety of products and services, with a foundation of designing and building industrial machinery that is safe, trouble-free and highly-flexible. It also offers service, support and parts for the machines it produces. The Company is currently operating below capacity because of the COVID-19 pandemic, and the owners are looking at various opportunities to expand and enhance their business.

Property Information

Real Estate:

Real Property Included

Location:

Midwest

Premises Details:

Since its founding in 1982, the Company has operated from a 7.61-acre site. The property includes two buildings with a total of 62,000 square feet of manufacturing space and 16,000 square feet for office and engineering functions.

Size in square feet:
78,000

Business Operation

Competition / Market:

The Company is a designer, builder and rebuilder of special equipment for manufacturing and is nationally and internationally known as a premium supplier to industries such as automotive, aerospace, appliance, chemical, recreational and commercial and household products. It specializes in assembly, test, welding and heat-treating systems to meet the unique needs of its customers. The Company has an extensive background in controls systems and architecture as well as data acquisition systems. The Company’s expert teams have design, engineering, build and testing capabilities, thereby creating equipment and refining processes to help its customers run at peak efficiency. The Company designs systems using 3-D modeling and thus employs best practices and innovations. It maintains a customer base of more than 200, has served clients in 15 countries and holds 40 patents. About 30% of sales are international, 25% national, 20% regional, and 25% within its state.

Reasons for selling:

Owner wants to retire; Retirement and estate planning, and also to allow current owners can travel more and engage in additional involvement in community organizations

Trading hours:

Mon-Fri business working hours

Employees:
27 full-time; 3 part-time
Years established:
1982

Other Information

Support & training:

Assist in transition of business to be as seamless as possible, with the expectation to have this completed within six months

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

Seller note or earnout/retained equity available depending on buyer experience

Furniture / Fixtures value:
$1,300,000 (USD) - included in the asking price
Inventory / Stock value:
$570,000 (USD) - included in the asking price

Contact Business Inquiry

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