Business Summary:
This 30-year old industrial equipment component company is well-respected worldwide, and it has a diversified customer base that spans dozens of industries. It has helped to shape design and performance standards in its field. The owners have decided it’s time to retire, and believe it will be better to sell while the company is expanding. It is poised to expand rapidly under a modest marketing campaign to established governmental and large industrial buyers. A significant part of the value of the company resides in its proprietary designs and worldwide customer list. When these opportunities are addressed, the company has the assets required to expand many times over. (NOTE: the FF&E figure above also includes the value of proprietary intellectual property and leasehold improvements.) The firm has been developed on a vertical integration manufacturing model, encompassing all aspects of product development, from design through manufacturing. The company makes the majority of its metal product components. This approach provides the highest degree of quality control, and assures both flexibility and responsiveness to customer requirements. One of the firm’s intangible assets consists of its experienced and loyal workforce. The employees are well trained and responsible, and the production operation can function with little oversight. Please note, the cash flow number includes approximately $75K in owner compensation for part-time work.
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| Year
Business was Established: 1975 |
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| Number of Employees:
4FT / 4PT |
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| Facilities / Terms of Lease:
The company operates in a leased well-located high quality steel manufacturing plant comprising 10,300 square feet, plus an 800 sq. ft. paint booth, on approximately one acre near the Portland metro area and I-5. The lease may be extended for a long term to suit the buyer’s preference, or the operation could be moved if the buyer prefers. Seller would consider selling the land and building with the business. |
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| Potential
Growth/Expansion:
The company has been operating in large part for the convenience of the Seller rather than market expansion. It is well-placed in government and industrial purchasing environments, and can expand into them further. There is also the potential to outsource, thus expanding capacity and reducing unit costs. |
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| Competition:
There is one major competitor, but it is a reseller of similar products rather than a manufacturer. Consequently, this business has a price advantage, and is better able to meet specialized customer requirements. |
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| Owner
willing to train:
Seller will provide transition support for 30 days. |
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| Reason for selling:
Owners are retiring. |
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Seller Reference Number: bm1424783801
BusinessMart.com Listing Number: 32113 |
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