Metal Finishing Service Company – Southwest Michigan

SOLD – Own a profitable metal cleaning and finishing business with a 15-year history of success and growth. This business offers a variety of metal finishing services, including electropolishing, passivation, pickling, powder coating, media blasting, aluminum cleaning and general degreasing.

Their customers range from publicly traded companies to regional and local companies. With continued research and development, they have created a substantial database of metal finishing processes and procedures that production teams have at their fingertips. They also keep process control cards to verify that process and procedures are followed to the letter and in a consistent manner. Quality control is a major part of the processes, and their system promotes consistency and superior quality in the processing of parts.

Listing ID:

ABB-22075307-90

Location:

Southwest Michigan

Type of Business:

Metal Finishing Services

Asking Price:

$475,000

Gross Revenue:

$1,032,000 (2022 projected)

Cash Flow:

$210,000 (2022 projected)

Inventory:

N/A

FF&E:

$306,600 appraised (included)

Established:

2007

Employees:

9 F/T and 1 P/T

Facilities:

• 50,000 square feet of indoor space with room for expansion over the next several years

• Has dock and grade level doors

• Close proximity to 2 major freeways

Real Estate / Lease Terms:

• Available for purchase and/or lease

Growth Opportunity:

• Second electro-polishing tank being installed

• Sales focus has been on current customer base, added focus on new customers could fuel grow and expansion

• Small parts conveyor lint to bring in production parts processing

Competition:

• Few competitors in the market space

• Competitors cannot compete for larger parts

• Competitors provide low level of quality service

Support & Training:

• The current owners will provide professional support through a transition period

• One owner wants to remain with the company under and employment agreement

Reason for Selling:

• One owner looking to retire

Broker Contact:

Larry Baumgart – Advanced Business Brokers

Direct: 269-330-6924

Fax: 248-564-5259

Email: Larry@ABB-BusinessBrokers.com

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The broker has made no investigation of the above information, prospective buyers must accept all due diligence responsibility. Above information is subject to change and/or correction and should not be considered binding.