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Custom Metal Manufacturer - Stamping Products

Posted By:
R M Buehler
Posting ID:
Southern California
 metal   composite   stamped   parts   iso   certified   aerospace   industrial 
Item Category:Business

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Custom Metal Manufacturer - Stamping Products

ID Number: 08011
Primary Category: Manufacturing
Annual Revenue: $1.5M
Annual Adjusted Net: $280K
Asking Price: $1.05M
Inventory: $50K (included in asking price)
FF&E: $150K
Seller Financing: TBD

Summary Description

Metal Works is a build to order shop specializing in the manufacturing of metal and composite stamped parts. As an ISO 9001 certified company, Metal Works is in demand by customers in various industries including aerospace, technology, industrial and commercial.

With such diversified industries, the company is able to eliminate significant customer concentrations and hedge against industry specific economic cycles.

The company's employee base includes three key employees including an office manager, shop foreman and quality control manager. The owner is involved in the business and oversees the company s high level operations, does project bidding and some customer calls. However, the owner relies heavily on the support of the staff and is confident to leave on vacation for a week or two at a time without any disruption to operations.

Marketing efforts are limited and have relied on the company s 20+ year reputation for repeat business.

Recently, Metal Works has increase sales efforts and expects to see a bump in sales within the next six to nine months. The sole shareholder is seeking retirement and thus a suitable replacement to manage the business operations.

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