Business Summary:
A turnkey, long-established, and rapidly growing fabrication and manufacturing business located in midwest Illinois.This incredible opportunity comes with a seasoned staff of 40+ employees and an experienced management team. The company has a history of innovation and ingenuity that is expected to continue. The business offers a variety of services, including custom fabricated steel products for a niche industry and manufactured steel parts for several OEMs. The size range of their products allows them to support customers in a variety of industries from retail to agricultural and industrial.The business premises consist of about 5+ acres, 67,500 sq. ft. of production, office, and storage space. With ample parking and expansion opportunities. This leading manufacturing business is conveniently located between two metropolitan areas. Very well maintained and up-to-date equipment included in the sale all ready to produce revenue. See Broker for the long list of equipment.With limited competition, this company is a leader in multiple niche industries. This steel fabricator is uniquely positioned to service the large OEMs present in the market and have a competitive advantage over suppliers not in the immediate area.Current ownership cares deeply about the future success of the business, their employees, and their customers. Therefore, ownership is seeking the right buyer and will assist with a transition to ensure future success.In the last fiscal year the company posted annual sales of about $5.4 million with approximately $1,300,000 in annual EBITDA.
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