Description of the business for sale
Our Client is a very active green sand casting operation focusing on manganese steel, carbon steel, stainless and low alloy steel enjoying success and growth for over 20 years. The functions of sales, production, pattern storage, distribution, and administration are all performed from one West Coast location with a single shift capacity of over 160 tons per month. Customer satisfaction through high performance with highest possible quality at a fair price and timely delivery is their competitive edge. The industry niches and customers served have strong loyalty. These transferable relationships and the stellar reputation of the Company reinforce continuation as a primary "go to" supplier. The customer base is NATIONAL with consistent ongoing reorders making up a considerable amount of revenues. The Company enjoys a low turnover of employees and managers. The ideal purchase candidate is one with a passion for quality and customer service. A background in business, production management and industrial marketing would move you to the front of the line.
Support / Training provided by seller
The majority of product marketing is reactive. No active sales effort is made. Revenue is derived from repeat sales in the form of reorders and long standing relationships. Customer or supplier dependency is well diversified over many industries. Any additional sales effort would be a benefit. Management feels the application of a pro-active marketing plan will no doubt help to maximize the full potential of the people and facilities. The Company has excellent growth capacity to produce and deliver product quantities above current levels. The Seller will provide a transition period over several months as part of the purchase and would be interested in providing ongoing consulting services. These services would be negotiated based on the needs of the new Owner.
Description of the facilities
The facility, owned by the Sellers, is also for sale and consists of two connected single level buildings with mezzanines. The buildings combined have ~34,000 sq/ft housing the production and administrative functions. The asset list is extensive. In addition to the melting furnaces, the asset inventory includes everything needed and beyond for producing castings from 1 pound to 2,000 pounds. From cranes to an overhead sand system to a computerized spectrometer; the production assets are current and kept in excellent repair. Seller will finance a portion based on the strength of Buyer.