Description of the business for sale
Summary Description
This Company is engaged in manufacturing fabricated metal products. The company makes stamped metal parts including ferrules, metal plugs, flat stampings and grommets which are used in wood working tools, cutlery and a wide variety of manufactured products. They enjoy a stable market and sell to a large base of long-time repeat customers.
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General Information
Facilities: The Company rents 4,000 square feet of manufacturing space in an Industrial Park. The space includes production areas and two offices. The building is equipped with 3-phase electricity. Monthly rent is $2555 which includes insurance, maintenance and taxes.
Competition: There are a few other competitors in the region.
Growth and Expansion: Numerous opportunities exist to expand the Company’s client base through more aggressive sales and marketing efforts. The company has not pursued new customers for several years. Opportunity exists to go after a wide variety of manufacturers including consumer, industrial and government. The physical plant has the capacity to produce up to $1 million per year with just one shift.
Support/Training: Seller will stay for a reasonable time to provide a smooth transition.
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Description of the facilities
Furniture, fixtures, and equipment = 124000
Furniture, fixtures, and equipment included: Y
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