Custom Manufacturing & Metal Fabrication Business

Lexington, KY
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Asking Price:$1,600,000
FF&E:$350,000
Gross Revenue:$800,000
Real Estate:$925,000
BUSINESS DESCRIPTION

A n opportunity exists to acquire an established business focused on metal fabrication/design and contract manufacturing . While most of the business has been in the automotive sector ( Toyota ) there is abundant capacity and capability to grow the business in additional sectors. This business has the potential for significant growth .

There are several components of value :

1. The business is located on two acres with multiple buildings ( including a paint booth) with an approximate value of $1,200,000 . There may be an opportunity to relocate and “right size” the real estate which would reduce the price .

2. There is extensive equipment worth approximately $350,000

3. The business has had historical revenue of $400,000 to $500,000 but was impacted by COVID issues in 2020 and 2021 . In 2022 there are opportunities for dramatic growth and revenues are expected to be in the $700,000 to $800,000 range .

4. The business has valuable and difficult to obtain vender certifications with Toyota ( TMMK & TEMA ) and Hitachi . Additionally the business has their own lot in the Foreign Trade Zone of the Toyota Georgetown plant .

5. The Owner/Founder would be willing to stay with the business up to two years in a valuable transition role . This will result in invaluable transition value and knowledge transfer ,

6. The facilities and business have enormous excess capacity ,


DETAILED INFORMATION
Location
Lexington, KY
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
8,000
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
One main building Another building that can be storage or production A house that is used as an office
Support & Training
The optimal arrangement for both parties would be for the seller to remain involved with the company for a year .
Reason for Selling
Ready to retire
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Mark
Sievers
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Mark Sievers