Midwest Specialty Mfg – Southwest MI

SOLD – Highly profitable and well know established specialty manufacturing and installation company is looking to find a new owner to carry on the longstanding business.  Current ownership has been in control of the business for close to 50 years.

 

This business has provided a high level of service and been known for quality products with knowledgeable staff and craftsman, serving both commercial and residential clientele.  This already thriving business has a great future.  Currently the owner is semi-passive and this business can be groomed into a passive revenue stream for the right investor. 

Listing ID:

ABA-20055261-94

Location:

Southwest Michigan

Type of Business:

Specialty Mfg and Installation

Asking Price:

Call for details

Gross Revenue:

$1,208,174 –  2019

Cash Flow:

$348,866 (SDE)

Inventory:

Inventory included

FF&E:

Established:

Over 50 years

Employees:

8 FT / 1 PT

Facilities:

The business is located on a well trafficked road near a major highway to provide great access for distribution of goods and services throughout Southwest MI, Indiana and other Midwest locations.  This includes a small showroom, a materials production building, a metal fabrication shop and ample storage to warehouse materials, trucks and equipment.  All are very clean and well maintained. 

Real Estate / Lease Terms:

16,600 square feet on 2.73 acres, is available for sale or lease.  

Growth Opportunity:

Ownership sees great opportunity to expand especially in the construction markets of Chicago, Northern Indiana and Southwest MI.  New innovations and product lines would be a secondary focus for increasing revenue stream.

Competition:

The industry and space this business is has seen smaller competitors leave the marketplace, while this company has remained strong and vibrant.  More information is available once an NDA is signed.  There are only a handful of competitors within a couple hundred-mile radius with plenty of business for all.  There is great opportunity to take this business to higher levels of profitability with the right strategy and team in place.

Financing:

Support & Training:

Seller will provide training to help the purchaser take over providing a smooth transition while learning the business and its operating activities, gaining and understanding of the customers and vendor partners, and building a working relationship with the employees. 

Reason for Selling:

Seller wants to retire and is looking for a qualified buyer that will take pride in maintaining the integrity and reputation that has been established. 

Broker Contact:

Larry Baumgart – Advanced Business Brokers

Direct: 269-330-6924

Fax: 248-564-5259

For more information, fill out the form below:

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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.