Established Industrial Manufacturing Company - Over 40 Years Old

Rockford, IL

Seller Financing Available

Metal Bending
Asking Price:$4,800,000
Gross Revenue:$5,191,670
Rent:$60,000/Year
Established Year:1989
Cash Flow:$975,000
Inventory:$500,000
FF&E:$750,000
BUSINESS DESCRIPTION

First time opportunity to purchase a leading ISO 90012008 compliant Industrial manufacturing company serving a variety of industries such as Wastewater, Mining, Commercial Construction and Municipalities. The company has built a leading reputation over many years and its customers rely on their customer service and turnaround times. The company and employees take pride in their American made products that are fabricated in their single 15000 + square foot facility. The company mainly works with aluminum and fiberglass that is proven for applications needing corrosion resistance, light weight and strength. Its expertise is in metal bending, welding and assembly of its custom products.

This opportunity is for someone interested in continuing a longtime legacy from a seller now ready to retire and transition the business to someone who has relevant experience in construction and metal fabrication.

The company projects strong revenues and cash flow for 2024 based on standing purchase orders. Interested buyers may contact us with questions and to request an NDA.


DETAILED INFORMATION
Location
Rockford, IL
Inventory
Included in asking price
Real Estate
Leased
Building SF
15,000
Lease Expiration
11/10/2026
Employees
12
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Single facility with production and office space under one roof. Company owns all its equipment free and clear. Fork lift, overhead lift and mobile equipment included in sale. The company is ISO certified.
Competition
Competitive markets with a key competitor recently leaving the market due to financial issues that has created added demand for the company.
Growth & Expansion
Expand further into specialty markets. Purchase a laser cutter to bring production in house to save money and increase capabilities.
Financing
Seller is open to financing a portion of the business and there is a prequalified sba
Support & Training
Seller and committed staff ready to transition the company to a buyer. Terms negotiated in due diligence. Owner travels and team is aware of the sellers intent to sell and transition the business.
Reason for Selling
Retirement
Report an Issue with this listing
profile-img
Jim
Peddle
logo-img
Jim Peddle