Manufacturer of Wide-Range Thermal Processing of Steel & Aluminum
Worcester County, Massachusetts
| Asking Price: |
Gross: |
Cash Flow: |
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$5,542,302 |
$593,749 |
Furniture and Fixtures Value:
$0 ( not included in the asking price)
Inventory Value:
$0 ( not included in the asking price)
Real Estate:
$0 ( 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.
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| Number of Employees:
39 |
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| 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. |
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| Owner
willing to train:
The seller will provide training and support to ensure a smooth transition |
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| Reason for selling:
Retirement |
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| REQUEST MORE INFO |
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