Highly Profitable Manufacturer of Porprietary Construction Parts
Manufacturing Businesses for Sale
- Primary Category: Tools & Machine Shops for Sale
The owners of this long-established manufacturer are ready to retire. This is not a simple job-shop. They manufacture a family of branded proprietary products that are used in the construction industry. The Company knows of only two competitors in the United States. Their products are rugged parts that are welded from high tensile strength carbon steel. The Company’s revenue have been constrained due to the difficulty in hiring talented welders who want to work and their customers’ deferring delivery of their orders due to supply chain issues on their end.
The Company’s products are sold to construction equipment OEM’s and their dealers across the United States including Hawaii and to one international customer. The average unit price of their product is $13,000. The Company’s second largest customer offers the Company’s product in their catalog. This is an excellent opportunity for an entrepreneur with a strong manufacturing background or the Company could be a bolt on addition to an existing construction company.
Upside potential includes investing in sales and marketing – they have relied on word of mouth and did no advertising in the past, hiring reps to market their products in other countries, developing additional products and upgrading their website.
The Company shares their facility with a related service business that utilizes the majority of their 8,800-sf facility. The owner believes that the manufacture of their product could be comfortably housed in a 2,500-sf facility that includes a small office.
Financial Information
- $979,500 Asking Price
- $260,569 Cash Flow
- $645,837 Gross Revenue
- On request Down Payment
Business Location
- City: Riverside County
- State: California
Reason for Sale
- Retirement
Detailed information
- Year Established: 1983
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: Yes
- SBA Prequalified: Yes
- Part-Time Employees: 2
- Contractors: N/A
- Owner Worked Hours/w: N/A
- Adjusted EBITDA: $260,569
- Inventory Included: No
- Monthly Rent: $12,316
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: N/A
- Building Size: 8800
- FF&E Included?: No
Training/Support
- Transition and training by the seller
Facilities
- Total of 8,800-sf at a monthly lease cost of $12,316, The facility lease expires in August 31, 2028 but the landlord will allow them to to exit with no penalty in September 2024 or at any time after that.
Business Listed by
Joe Atchison
Sunbelt of Riverside CountyContact Business Broker
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