Compare Listings

Description

OFF-MARKET’Q1

$12MM+ Gross – 7 Location Precision Mfg ALL Plants With or Without RE!

Seller Financing Available if the price and deal structure is right!

Asking Price: Competitive Auction Format

Cash Flow: $630,013

Gross Revenue: $13,431,442

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: 7 Locations strategically concentrated near the customer base across the United States!

Established: 1948

Business Description

$12MM+ Gross – 7 Location Precision Mfg ALL Plants With or Without RE!

Exceptional – generational purchase – choose your own adventure acquisition opportunity where you can acquire all facilities including real estate or secure long term leases with the Seller.

Since the founding of the Company in 1948 there has been a consistent commitment from a top down approach to customer service. From the initial inbound phone call to regular check-in’s and face time by management with regular customers and vendors large and small the focus has been and continues to be maximizing the customer experience. The Company has a customer base (700+ annually) that spans many different SIC codes, including, but not limited to the automotive, appliance, aerospace, electronic and agricultural verticals, among myriad others. These customers will always require tooling for various electroplating, electrofinishing, surface finishing of all metals and plastics, etc…manufacturing, and the Company will be there to provide them exceptional products on time and on budget.

The Company’s value proposition to clients is simple: there’s no other precision manufacturer out there that can compete on design ingenuity on the floor coupled with the level of face time / dedicated one on one support that the Company’s sales representatives provide. Individualized manufacturing solutions are provided in real time by the representatives and satisfy their client base and deliver it to the customer on time day in and day out through good weather and bad. With the talented manufacturing capabilities of the Company the representatives are able to recommend designs & sell unique technology solutions (or remanufacture existing units at similar margins). With a single point of contact the Company serves as the go-to resource for the specialized manufacturing needs of a wide array of clients across numerous industries.

Comprehensive 28 page Confidential Information Memorandum (CIM) crafted by ProNova Partners is available for review with submission of your NDA below.


Detailed Information

Location:
Chicago, IL (among others – details in CIM)
Real Estate:
Owned
Building SF:
15,000
Facilities:
7 facilities, average footprint is 15,000 at each plant. Every one is optimized for manufacturing processes specific for that facility.
Competition:
They are the industry leader in their space, so not much in terms of quality of product delivered and longevity at over seven decades in business!!
Growth & Expansion:
NUMEROUS! CIM covers this, NDA is required~
Financing:
If the price and deal structure is right.
Support & Training:
As needed. Large transition team in place at corporate and each individual operating plant. CEO will stay, change titles, or depart per Buyer preference.
Reason for Selling:
Retirement for members of the partnership.

Contact info

Pronova Partners

Inquire about this property

Similar Properties

Banking & Financial

Pronova Partners

Banking & Financial

Pronova Partners

N/AAdjusted Net: $354,000
Software Technology & Consulting Company

Computer & Technology, Miscellaneous Businesses

Pronova Partners

Computer & Technology, Miscellaneous Businesses

Pronova Partners


Insurance Book of Business

Previous Property

402 Policies in Force, Portable 60% Comm – Insurance Book of Business

Next Property

OFF-MARKET-Multi Broker Insurance Business for Sale – Egg Harbor, NJ

Insurance Business for Sale