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Metal Foundry For Sale - Michigan, MI |
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| PROFILE: Established Ferrous Metal Foundry With Strong National Customer Base. |
| Status: |
Off The Market |
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| State: |
Michigan |
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| Location: |
Michigan |
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| County: |
None Given |
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| City: |
None Given |
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| Primary Category: |
Manufacturing Related |
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| Alternate Category: |
None Given |
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| Asking Price: |
Call/Email |
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| Down Payment: |
Call/Email |
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| Annual Revenue: |
$7,800,000 |
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| Annual Adjusted Net: |
$1,082,000 |
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| Price Range: |
$1 Million + |
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| Franchise: |
No |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Lifestyle: |
No |
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| Real Estate Included: |
Yes |
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| Bkr To Bkr Cooperation: |
Call |
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DESCRIPTION: Business Summary
The Company Specializes In High Quality, Short-Run Gray And Ductile Castings In A Wide Range Of Shapes And Sizes For A Varied Set Of Industry Applications. Headquartered In The Midwest, The Company Has Developed A Strong National Customer Base In Several Diverse Industries Including Industrial Machinery, Utility Infrastructure, Construction, Transportation, And Several Others. Company Customers Are Geographically Dispersed Across The United States, With No Customer Representing More And 15% Of Revenues.
General Information
Employees: 30-50
Facilities: The Company Possesses More Than 45,000 Square Feet Of Operating And Storage Space And Is Situated On 10+ Acres Of Readily Expandable Land.
Market Outlook
Competition: Consistently Exceeds Standard Industry Delivery Times By 15-20%. Versatility In Short-Run Production Allows For Flexibility To Meet Customer Needs And Does Not Require Significant Ongoing Capital Expenditure.
Growth/Expansion: Current Forecasts Predict Continued Growth In The Ductile Iron Casting Industry (70% Of Company Volume) For The Next Decade.
About The Sale
Financing: Negotiable
Support/Training: Owner Willing To Assist In Reasonable Transitions Period.
Reason Selling: Retirement |
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