Custom Manufacturing & Metal Fabrication Business
Asking Price: | $1,600,000 |
FF&E: | $350,000 |
Gross Revenue: | $800,000 |
Real Estate: | $925,000 |
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 ,