SOLD – Highly profitable metal fabrication business that has been successful by producing high quality parts in a timely manner for over 50 different customers. This business benefits from increasing demands for local manufacturing. Achievement of 10-20% annual growth has occurred without marketing. The business is well diversified in industry segments and have been told from current customers to expect significant increases in orders in 2022.
This business has been successful by offering a flexible work schedule and have a great work culture leading to a lower than industry standard turnover rate with many long term employees. Plenty of room for expansion. Primary work utilizes industrial laser cutters, press brakes, mig/tig and resistance welders and other well maintained equipment. This no frills operation produces great results for its customers and owners!
ABB-22015291-90
West Michigan
Metal Fabrication Mfg Shop
Call for details
$2,774,219 (2021)
$742,537
(included in asking price)
2006
8 F/T, 3 P/T and 1 IC
12,000 square foot facility is leased and have a great working relationship with the landlord. Opportunities to expand into the adjoining facility have been offered and purchasing the building in the future is a possibility.
Leased. Details available on request. Building has an excellent power supply.
There are great opportunities to grow this business with room to expand without the need to move the company. The business has never needed to actively pursue new business (and still achieved 10-20% year over year growth), yet could significantly increase revenue with a marketing strategy, website development and even create some proprietary products supplementing the job shop activities.
Although it’s a competitive industry there has never been an shortage of work. Having an excellent reputation for high quality in a timely manner has led to a steady flow of business. In the current market more and more manufacturing work is being brought into the US and so competition has not been a detractor from revenue or profitability.
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.
Seller wants to retire and has a great deal of financial success with this business. It’s now time for a motivate buyer to take the reins and grow the company.
Larry Baumgart – Advanced Business Brokers
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A lifelong resident of Fort Wayne, Indiana, Dr. Mark Hagar brings decades of hands-on experience in small business ownership, acquisitions, and turnarounds to his role as a business broker. Over his distinguished career, he has acquired and operated more than 20 companies and engineered over 50 successful turnarounds, giving him a uniquely practical understanding of what makes businesses succeed, and sell. His portfolio spans manufacturing, distribution, and service firms in industries including printing, education, military contracting, aerospace, and orthopedics. This diverse background enables him to identify value, anticipate buyer needs, and structure complex deals with confidence and precision.
Mark holds a Doctorate in Business Administration (DBA) from Cranfield University’s School of Management in Bedford, England—one of Europe’s leading business schools. His research on small business resilience and operational excellence has been recognized by the Small Business Institute (SBI), the United States Association for Small Business and Entrepreneurship (USASBE), and the International Council for Small Business (ICSB).
In addition to his business career, Dr. Hagar has served as a member of faculty at several institutions of higher education, including Holy Cross College (Notre Dame), Trine University, and the University of Saint Francis. He also hosted Your Business Matters, a small business–focused radio show and podcast for more than a decade and is the author of Small Fortunes – the Acquisition Entrepreneur’s Guide to Buying a Profitable Small Business.
A passionate advocate for entrepreneurs, Mark previously chaired the Indiana Leadership Council for the National Federation of Independent Business (NFIB), representing small business owners before state and federal legislators. He currently serves as President of the Allen County, Indiana Economic Development
Commission.
As a broker, Mark specializes in industrial, manufacturing, and distribution firms, with particular expertise in special situations, distressed assets, and complex transitions where experience, creativity and discretion are central to success.