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Manufacturer of Wide-Range Thermal Processing of Steel & Aluminum for sale in Worcester County, MA

Worcester County, Massachusetts (MA)

Asking Price: Gross: Cash Flow:
$ 1 $ 5,542,302 $ 593,749

Furniture and Fixtures Value:
(not included in the asking price)

Inventory Value:
(not included in the asking price)

Real Estate:
(not included in the asking price)

Business Summary:
A niche manufacturing business is an excellent opportunity to earn a steady income with growth potential. It is a solidly performing company with strong name recognition. The company serves customers throughout New England and meets the wide-ranging thermal processing needs of its customers, whether it’s simple stress relief or a low carbon steel weldment.This company is one of the largest aluminum and nitriding heat treaters in New England, serving markets that include: aluminum foundries, firearm parts manufacturing, utility securities, headset communications, gear manufacturing, turbine and turbine generator sets, and CNC machining.While the buyer does not require any specific licenses or certifications, a background in metallurgy/thermal processing would be helpful. The owners anticipate the buyer will need approximately $900,000 for working capital.

 

   
Number of Employees: 39  
   
Potential Growth/Expansion: This company has built a sterling reputation and a strong market share over the years in business, but opportunities for growth remain. Some options the buyer could consider: 1. Expand the existing facility. If the two tenants that are currently leasing move out, 8,000 sq. ft. would become available. 2. Add an experienced salesperson to the team. 3.Implement a software tracking system to help run more efficiently & effectively, which could reduce overtime & possibly allow for a reduction in staff.  
   
Owner willing to train: The seller will provide training and support to ensure a smooth transition  
   
Reason for selling: Retirement  
   
Seller Reference Number: 1790
BusinessMart.com Listing Number: 305451
 

 

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For more info contact:

Marc Gudema

BayState Business Brokers
617-562-5700

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