Highly Profitable Mold Manufacturer for Sale!

If you are seeking a time-tested and strongly profitable manufacturing company in Michigan, do not miss this opportunity. We do not see companies this nice very often!

From its 18,000 sq. ft facility in Southwest Michigan, the Company designs, builds, and repairs molds for the diecast industry. The manufacturing precision, long-standing customer relationships, and industry-specific knowledge required to do this work eliminates many other tool & die shops in the region from competing with the Company. These barriers to entry enable the Company to charge a premium for its services. Over the past several years, the Company has averaged a Gross Profit Margin of nearly 50% of sales and a Net Margin of over 20% of sales.

Over its three decades of operations, the Company has experienced many different economic environments. Thanks to the low-overhead business model of the Company and its nimble size, it emerged a stronger organization with each test. Buyers interested in this Company will be pleased to find that this tested and proven Company has an extremely knowledgeable team, desirable customers, and a facility and equipment that have been consistently reinvested in. 

The company operates from a very well-maintained 18,000 sqft facility that includes 2,000 sqft of office and 2,000 sqft of storage. Major improvements were made in 1991, 1995 and 2014. Current ownership is motivated to sell as a partner desires to retire, although the remaining partner would be willing to stay on for multiple years post-transaction if desired.

Financial Summary

2018E Revenue: $2,651,000

2018E EBITDA: $734,160

2018E SDE: $903,381

This well established Company drives consistently strong margins!

Estimated Equipment Value: $1,500,000

Estimated Real Estate Value: $1,000,000

Investment Highlights

High Margins and Repeat Business  –Due to the nature of this type of manufacturing, the end product is very expensive and so it can support high-margins. However, despite the quality of the tool and the considerations that goes into its design, after thousands or tens of thousands of cycles, it will need to be repaired, rebuilt or replaced. So, although the Company typically does low volume work, it can count on a consistent demand for high-margin projects.

Consistent Capex Reinvestment– The Company consistently reinvests in its facility and equipment. This reinvestment sets the Company up well for future growth, and will also serve as good collateral, should the Company’s next owner decide to finance the acquisition with debt. The real estate, which is anticipated to also be part of the transaction, has an estimated value of over $1MM. Total equipment value is estimated at $1.5MM.

Growth Opportunities

Grow Business with Existing Customers – Over the years, the Company has worked with many businesses throughout the state and beyond. Several of these customers suffered slowdowns but are now on track to perform much better. Reaching out to these previous customers would be a simple and low-risk strategy for growth.

Expand Sales Team and Marketing Efforts – The Company’s owner is the only sales person and the Company engages in virtually zero marketing efforts. Quoting jobs for existing customers and managing those relationships provides the Company with more than enough work. However, adding a dedicated salesperson to reach out to new potential customers would be a great way to grow the business and diversify its customer base.

The BEST way to receive confidential information about this opportunity is to fill out the form below.

Upon doing so you will receive a link via email to review and sign our confidentiality agreement. Once signed we will be able to further the conversation and send you the confidential Offering Documents. Please contact info@caldergr.com with any questions. Interested parties must demonstrate proof of financial capability, sign a Non-Disclosure Agreement, and answer a few questions related to their background and interests. Inquire today about this Highly Profitable Mold Manufacturer for sale!

Niche Drivetrain OEM Manufacturer for Auto & Heavy Duty Vehicles!

Established over a decade ago, this Company is a respected and profitable supplier of service and low-volume production parts to the Automotive, Off-highway Vehicle, and Heavy-duty Vehicle industries. Although the Company has a wide range of manufacturing experience and capability, it specializes in manufacturing drivetrain and drivetrain related components.

The Company is well known for superior service. GM, Chrysler, Dana, and Eaton Corporation are all long-term customers of the Company and speak highly of the Company’s commitment to excellence. The Company boasts a large fixed asset base with little debt and is financially stable.

There exist many strategic opportunities management can take advantage of to diversify and reach new customers as well as grow the bottom line substantially.

Ownership is ~5 years from retirement age, however, is seeking a strategic buyer or investor to stimulate growth in the business and provide for a transition plan. 

The Company operates out of two owned facilities that are available for sale or lease. Building 1 is a 20,000 sqft facility built in 1980 in good condition. The facility has 1 loading dock, 12-ft ceilings, a fire suppression system and 600 amp power. The 2nd facility is 40,000 sqft, in excellent condition and built in 2000, has 20-ft ceilings, a fire suppression system, 4 loading docks, and 1600 amp service.

Financial Summary

2017 Revenue: $6,945,482

2017 Cash Flow: $711,570

Recent Equipment Appraisal: $3,116,550

 

 

Investment Highlights

Competitive Advantage – The Company has a very broad set of capabilities, which means that it has very few direct competitors. Typically, small manufacturers in this industry focus on either machining, welding or prototyping. The Company differs from most as they can provide complete assemblies and not just one operation.

Great Customer Relationships –One of the most valuable assets that the Company has acquired is its outstanding reputation among its customers. Not only has the Company received accolades and awards for its performance as a supplier, but new business is frequently generated via customer referrals. The Company has never lost a customer.

Heavy Reinvestment in Equipment – An equipment appraisal completed in July of 2018 estimates a fair market value for equipment to be over $3MM with minimal debt. The Company has refrained from using debt to make capital expenditures.

robotic welding manufacturer for sale michigan

The company sports diverse capabilities such as robotic welding and rubber injection molding!

Growth Opportunities

Expand into Defense and Aerospace Industries – Over the past year, the Company has implemented NIST 800-171 Cybersecurity Certification. The Company is now eligible to bid on work for the Defense Industry while many existing suppliers are getting dropped from the approved vendor lists due to their inaction on implementing NIST.

Expand into Oil and Gas Industry – Now that the Oil & Gas market has recovered and new domestic production records are being set, there remains an opportunity for the Company to step into the vacuum created by the collapse of these other companies.

Build Sales Team – Building a sales team would be extremely beneficial not only to acquire new customers and manage current relationships but also to alleviate ownership to pursue other responsibilities and growth opportunities.

 

The BEST way to receive confidential information about this opportunity is to fill out the form below.

Upon doing so you will receive a link via email to review and sign our confidentiality agreement. Once signed we will be able to further the conversation and send you the confidential Offering Documents. Please contact info@caldergr.com with any questions. Interested parties must demonstrate proof of financial capability, sign a Non-Disclosure Agreement, and answer a few questions related to their background and interests. Inquire today about this Multi-Location OEM Supplier for sale!

 

Patrick Robey Sources & Closes ACG’s Deal of the Year <$25MM!

Calder Capital is pleased to announce that associate and Director of Corporate Development, Patrick Robey, sourced and closed ACG’s Deal of the Year <$25MM. 

Patrick Robey, Director of Corporate Development

Excerpted from Mibiz.com,

Midwest Timer finalized the Lectro Components acquisition in December 2017. The deal is recognized as a winner in the 2018 MiBiz M&A Deals of the Year Awards in the category for transactions valued at less than $25 million. Grand Rapids-based M&A firm Calder Capital LLC advised Midwest Timer on the transaction and helped line up financing for the deal.

After receiving “some good interest” from lenders to back the transaction, a deal with one lender fell apart in the eleventh hour, said Patrick Robey, director of corporate development at Calder Capital. “We had to scramble in mid to late November,” he said, noting the parties aimed to finish the deal by Dec. 20 — before the New Year.

“It was quick,” he said of the deal, noting that Midwest Timer gave the former owners of Lectro a 15-percent stake in the company to get the deal to a close.

“We had to get a little bit creative in terms of how the (former owners) earn that equity (and) how it’s structured over time,” Robey said. “We had to lock those guys down. Without those guys, we couldn’t have done this deal.”

Congratulations to Midwest Timer Service and Lectro Components on a successful acquisition and integration. 

Read the complete story here: https://mibiz.com/item/26213-deal-for-lectro-breathes-new-life-into-midwest-timer

“We hope to work with Calder Capital again on our next acquisition and would certainly call them when the times comes to sell our business as well. I would not hesitate recommending their firm to anyone contemplating a business acquisition or sale and can confidently say the cost of their service was the best investment we have ever made. Thank you, Max and Patrick, for your outstanding service!”

– Bruce Chapman, VP of Finance and Co-Owner, Midwest Timer Service, Inc. (Buyer)

Profitable Natural Gas Pipeline Products Distribution Company

This Company is under exclusive LOI and therefore unable to be discussed. Please fill out the form below and we will contact you if it again becomes available. Thank you!

This Company is a manufacturers’ representative and distributor of OEM and non-OEM after-market replacement parts for the natural gas pipeline industry.

With literally tens of thousands of consumers relying on this infrastructure, utilities and pipeline owners need reliable vendors that can be trusted completely to supply quality replacements parts on a short timeframe. For this reason, natural gas stations throughout Michigan and Indiana have been choosing this Company for 25 years to supply them with replacement parts critical for this infrastructure.

The founder and owner of this Company has invested decades in building out a far-reaching network of industry leading manufacturers that supply the parts that keep the lights on and homes warm throughout these two states. Being at the nexus of manufacturers and pipeline companies has proven to be very lucrative. The Company averages an EBITDA margin of nearly 20% of sales.

Ownership is nearing retirement age and is seeking to transition the business to the next generation of ownership. The office is home-based and therefore no real estate is involved.

Financial Summary

TTM 8/31/2018 Revenue: $1,308,689

TTM 8/31/2018 Cash Flow: $483,746

 

 

Investment Highlights

Consumable Products – This is a repeat sale business. The Company supplies wearable and moveable parts to the gas pipeline industry, so demand is steady with the occasional spikes from major capital equipment rebuilds.

Approved Vendor Security – The Company is an approved vendor to three major natural gas companies in Michigan and Indiana. These companies have strict criteria for selecting vendors and cannot take undue risks relying on upstarts or fly-by-night operations. The Company is integrated into its top customers’ SAP systems and has been working with them for decades.

Unique Value Proposition – Customers appreciate the broad selection of products that the Company can provide them with. Instead of working with 10 different vendors, they can save time and money going to this Company for nearly all their consumable parts needs.

Limited Overhead –The owner of this Company has run the business out of his home since its inception with nothing more than a home office, garage, work vehicle and a couple of computers.

 

Growth Opportunities

Market Outlook – This Company is well positioned to grow along with the natural gas market. According to EIA’s Annual Energy Outlook 2018, U.S. dry natural gas production will increase through 2050 across a wide variety of alternative assumptions about the future. This supply will be supported by growing demand in an environment of low and stable natural gas prices in both domestic and international markets.

Expand Sales Efforts – There are no restrictions on the territory that the Company can serve. Illinois and Ohio may prove to be lucrative markets worth expanding into. Illinois has a major artery of pipelines carrying natural gas from the Gulf of Mexico up into the Northern United States and Canada. New pipelines and pipeline stations are currently being built in Ohio to move shale gas out of New York to the rest of the country.

Marketing Strategy – Although the Company does have a limited web presence, it does virtually zero marketing. Investing in internet marketing, brand development, and a customer relationship management system would all be excellent means of growing the Company’s market share.

 

The BEST way to receive confidential information about this opportunity is to fill out the form below.

Upon doing so you will receive a link via email to review and sign our confidentiality agreement. Once signed we will be able to further the conversation and send you the confidential Offering Documents. Please contact info@caldergr.com with any questions. Interested parties must demonstrate proof of financial capability, sign a Non-Disclosure Agreement, and answer a few questions related to their background and interests. Inquire today about this profitable NG pipeline products distribution company for sale!

Rapidly-Growing Niche Digital Media Company For Sale (Under LOI)

This Company is under exclusive LOI and therefore unable to be discussed. Please fill out the form below and we will contact you if it again becomes available. Thank you!

The Company is a profitable and rapidly growing Michigan-based niche digital media agency. Since the Company’s inception, demand has been strong and continues to build, with sales set to double in 2018 vs 2017 and continue upwards in trajectory, driven by increased demand from existing clients and new prospects. Despite recently raising the internal billing rate by nearly 25%, capacity remains the Company’s biggest challenge. TTM sales are $1.31MM and the owner projects 2019 sales at $1.895MM!

While the creative team maintains an expansive set of technical and artistic capabilities, most of the Company revenue is derived from creating digital assets for clients in the furniture, medical device, and consumable products industries.

The owner has been working in the industry for nearly two decades and is mentally prepared to pursue other interests. However, with the burden of navigating the challenges of growth removed, ownership is open to a gradual transition out of the Company and would even consider a multi-year employment agreement, if a new owner would find that desirable. Ownership estimates that an individual without a background in the niche animation services the Company provides would need approximately 6-months to become comfortable with the industry vernacular, standards, and procedures.

The office is leased from an unrelated third party.

 

michigan animation company for sale

The Company offers an opportunity for explosive, high-margin growth!

Financial Summary

TTM August 2018 Revenue: $1,319,177

TTM August 2018 Cash Flow: $625,841

 

Investment Highlights

Artistic Team – The Company’s most important competitive advantage is its artistic team. With capabilities ranging from photography to lighting to 3D animation, there’s very little that this group of talented individuals cannot do.

Premier Clientele – The Company’s top customers are very large, successful and well-known brands that the Company is well integrated into.

Strong Growth – In 2016, the Company generated $818,000 in revenue. That number has jumped to $1.3MM in the twelve months ending August 2018 and is forecasted at $1.895MM in 2019. That would represent a 23% sales growth rate over 4 years!

 

Growth Opportunities

Better Market to Existing Clients – The lowest cost and most efficient means of driving higher sales would be to reach out to existing and past clients. Due to the high volume of work that the Company has been receiving throughout the year, it has refrained from sending out email blasts showcasing the Company’s recent work to over 300 select individuals and organizations. Resuming this effort would be as simple as flipping a switch.

Target Advertising Agencies – Making a concerted effort to target advertising agencies may be an excellent avenue for additional growth. Advertising agencies frequently work with companies that are looking to market products and understand the benefits of utilizing the niche digital assets that the Company produces. Usually, these firms are too small and non- specialized to afford an in-house department, so this work must be outsourced to firms that specialize.

Software Development Partnership – The Company has been working closely with a software development company in the development of cutting-edge consumer products applications that integrate with the Company’s service offering. This partnership is on the brink of bringing $250-500K in revenue for the Company in the coming year (that would continue into the foreseeable future).

 

The BEST way to receive confidential information about this opportunity is to fill out the form below.

Upon doing so you will receive a link via email to review and sign our confidentiality agreement. Once signed we will be able to further the conversation and send you the confidential Offering Documents. Please contact info@caldergr.com with any questions. Interested parties must demonstrate proof of financial capability, sign a Non-Disclosure Agreement, and answer a few questions related to their background and interests. Inquire today about this niche digital media business for sale!

Profitable West Michigan Tool & Die & Machining Business for Sale

This well-established Company specializes in manufacturing precision tooling, assemblies, fixtures and gages. The Company features a full-service machine shop with CNC and conventional turning, milling, complete grind department (surface, ID/OD and Jig) and wire EDM. The Company has developed a reputation for high-quality work especially when dealing with complex tasks and serves a wide customer base across the US. As the Company has many service offerings, many customers come to the Company to fulfill all tooling and machining needs. Additionally, the Company has built a strong customer base that generates growing recurring revenue.

Ownership has decided it is time to transition the business to new owners with a vision to grow and sustain the business for many more years to come.

 

FINANCIAL SUMMARY

TTM September 2018 Revenue: $1,436,727

TTM September 2018 Cash Flow: $564,986

 

INVESTMENT HIGHLIGHTS

Financial Stability and Flexibility: The Company generates very consistent growing revenues with increasing margins. Also, the Company is very healthy and financially flexible as it does not require debt to fund maintenance.

Recurring Revenue Model: The Company has a large base of repeat customers that provide consistent sales.

Revenue Capacity: The Company has several opportunities to grow revenue and profitability, with minimal investment, through increases in machinery utilization and additional staff.

GROWTH OPPORTUNITIES

Marketing Enhancement: The Company currently engages in little marketing. Implementation of a salesperson or other efforts such as online advertising could greatly increase customers and awareness of the Company.

Job Targeting: Utilizing a targeted marketing campaign to reach out to specific customers who are known to purchase a large quantity of services or high-margin services would likely be very successful. The Company has served its existing client base very successfully and comfortably but has never gone out and attracted more customers.

Job Selection: Management has recently begun to implement this strategy and has seen its benefits, but this strategy can be fine-tuned to choose only high-margin jobs while avoiding low-margin jobs or jobs with potential troublesome snags in order to maximize machine utilization time and profitability.

 

The BEST way to receive confidential information about this opportunity is to fill out the form below.

Upon doing so you will receive a link via email to review and sign our confidentiality agreement. Once signed we will be able to further the conversation and send you the confidential Offering Documents. Please contact info@caldergr.com with any questions. Interested parties must demonstrate proof of financial capability, sign a Non-Disclosure Agreement, and answer a few questions related to their background and interests. Inquire today about this growing West Michigan Tool & Die and Machine Shop for sale!

Profitable Sheet Metal Fabrication Company for Sale!

This well-established Business has been providing sheet metal fabrication services to customers for over 30 years. The Company boasts an ISO 9001:2008 certification and has a diverse customer base with no client constituting more than 25% of sales in any given year. The Company operates meticulously to ensure that projects are completed to customers’ specifications and has a reputation for being reliable and easy to work with.

The Business has demonstrated very stable financial performance with strong margins throughout its history. Operations are efficiently run by a capable general manager with administrative oversight by the current owner. The Company is a turnkey opportunity with a great balance sheet and multiple decades of experience in the industry.

The Company operates out of a nice 41,290 sq. ft. facility with room for more equipment on the shop floor and the ability for expansion as the facility resides on many acres.

Ownership has decided it is time to transition the business to new owners with a vision to grow and sustain the business for many more years to come.

FINANCIAL SUMMARY

TTM April 2018 Revenue: $2,234,394

TTM April 2018 Cash Flow: $377,769

 

INVESTMENT HIGHLIGHTS

Customer Diversification & Longevity: No customer exceeds 25% of the Company’s total sales. The Company is known for delivering excellent customer service and meeting deadlines. The Company has a repeat customer base where satisfied customers come to them repeatedly to have their machining and fabricating needs met.

Skilled Core Team: The Business boasts a very capable and skilled core team. The general manager manages day-to-day operations with limited managerial oversight from current ownership. Collectively, the team provides industry experience, creative design capabilities, and consistent high-quality work while maintaining a degree of professionalism.

Financial Stability & Flexibility: The Company has been generating consistent revenues and strong margins over the last several years. The Company is a turnkey opportunity with a great balance sheet and over 30 years of history in the industry.

Current ownership believes that with a focus on acquiring new clients the Company has the ability to reach $5 million in annual revenue!

GROWTH OPPORTUNITIES

Marketing: The Company engages in very little marketing or advertising. The Company stands to benefit from updating its website, improving the Business’ digital presence and actively pursuing new projects.

Sales Representatives: An opportunity exists to grow the Business through adding sales representatives. These representatives could reach out to specific customers who are known to purchase a large quantity of services or high-margin services and acquire new customers.

Facility Expansion: Space exists on the shop floor to add more equipment which would allow more jobs to be completed simultaneously. Furthermore, the facility rests on roughly three acres and could be expanded to add more space to fulfill more jobs.

The BEST way to receive confidential information about this opportunity is to fill out the form below.

Upon doing so you will receive a link via email to review and sign our confidentiality agreement. Once signed we will be able to further the conversation and send you the confidential Offering Documents. Please contact info@caldergr.com with any questions. Interested parties must demonstrate proof of financial capability, sign a Non-Disclosure Agreement, and answer a few questions related to their background and interests. Inquire today about this profitable sheet metal fabrication business for sale!

Profitable Entertainment Industry and Food/Beverage Business

Calder Capital has been retained to assist in the marketing of a profitable entertainment industry and food/beverage business for sale. The Company has demonstrated consistent revenue and earnings growth and has considerable upside potential remaining.

Located in a major midwestern metropolitan area, this arena and exhibition center venue hosts a variety of events including minor league professional sports, family shows, concerts, outdoor events, boxing and mixed martial arts, tradeshows, conventions, and private parties of all types; resulting in annual patronage of over 200,000 people.

The hospitality side of the business includes everything from typical event concessions to full gourmet catering of food and beverage. The business has a full kitchen, professional culinary and bartending staff and holds a Class C liquor license.

 

FINANCIAL SUMMARY

INVESTMENT HIGHLIGHTS

  • An experienced and competent management team allows for semi-passive ownership
  •  Significant capacity for creation of additional events and space utilization
  • Substantial recurring revenue associated with a highly satisfied client base
  • Financial performance consistently trending upward
  • Option to purchase arena or enter into a long-term lease with an option to buy

 

 

 

The BEST way to receive confidential information about this opportunity is to fill out the form below.

Upon doing so you will receive a link via email to review and sign our confidentiality agreement. Once signed we will be able to further the conversation and send you the confidential Offering Documents. Please contact info@caldergr.com with any questions. Interested parties must demonstrate proof of financial capability, sign a Non-Disclosure Agreement, and answer a few questions related to their background and interests. Inquire today about this entertainment industry and food/beverage business for sale!

ADL Home Care acquired by Home Sweet Home In-Home Care!

Calder Capital, LLC is pleased to announce the sale of southwest Michigan based ADL Home Care to Home Sweet Home In-Home Care.

ADL Home Care is a locally owned private duty home-care provider serving clients in Southwest Michigan with support from its offices in Battle Creek and Kalamazoo. The Company was founded in 1995 by Marian and Gerry Quill. The Quills saw a strong need for professional, high-quality private duty home care that would help clients to stay in their home with dignity, respect, and security. Additionally, their past professional experiences in health care uniquely and perfectly complimented each other for such a venture. After more than twenty years spent building and growing their successful business, the Quill’s desired to transition the company to new ownership who would uphold the quality service, values and ethics that had made the company successful in the first place.

Buyer and Seller execute closing documents!

“Going into retirement, Marian and I desired to hand off the company to capable and detail-oriented new ownership. Through Calder’s process we received numerous inquiries and ultimately were able to choose the one we felt fit best. I am confident that, along with our dedicated employees, new ownership will serve our clients and community for many years to come” said Gerry Quill, former owner of ADL Home Care.

A new team has formed! ADL & Home Sweet Home combine forces for growth!

Rick Purcey, Calder Capital’s lead advisor on the deal, commented, “It was a pleasure to work with Marian and Gerry. They have worked hard building a flourishing business and it was only a matter of time before the right buyer was found.”

For more information on ADL Home Care, please visit www.adlhomecareinc.com.

Calder Capital, LLC served as the exclusive M&A Advisor to ADL Home Care with Rick Purcey serving as Calder’s lead advisor.

“Rick Purcey and the entire staff at Calder Capital did an outstanding job in helping us sell ADL Home Care. Rick could not have found a better buyer for ADL and he certainly went the extra mile to get us to the finish line! We would highly recommend Calder Capital to anyone looking to buy or sell a business. Thank you!”

– Gerry & Marian Quill, Owners, ADL Home Care, Inc., Kalamazoo, Michigan (Seller)

Santa Therese Plantation, LLC acquired by an Azulera Farms, LLC


Calder Capital is pleased to announce the successful sale of the Santa Therese Plantation, LLC to Azulera Farms, LLC. 
The acquired farm consists of 27+ acres of blueberries and a property parcel featuring roughly 60 acres located in Allegan County, MI.

 

The farm boasts a wide a variety of cultivars!

 

Seller, Danny Hartmann, was very excited with the outcome, “We’ve worked very hard to plant and cultivate the best crop possible and have strategically planted our cultivars to offer the longest season possible and the best varieties of blueberries. All of our work has prepared Santa Therese for sustainable success going forward and the time is ripe for (new owner) Jesse to take over.”

 

 

Max Friar, Managing Partner of Calder Capital, LLC, remarked that “it was a unique deal that brought together a buyer and seller that are a great fit. It was great to work with both Danny and Jesse and it’s very rewarding to have brought these two parties together in a mutually benefiting deal.”

Calder Capital served as the exclusive M&A advisor to Santa Therese Plantation, LLC.

 

About Calder Capital, LLC

Calder Capital, based in Grand Rapids, MI, is a leading provider of comprehensive mergers and acquisitions advisory services. Calder advises clients in all industries using a results-oriented focus and multidisciplinary approach in order to achieve the optimal outcome. For more information, please visit www.caldergr.com.

Calder Capital, LLC

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