This opportunity is a precision machining, injection molding, and tool & die business for sale located in Northern Michigan. The Company specializes in the manufacturing of carbide and steel tooling for extrusion, deep draw, cold heading, and end form tooling markets. The Company has obtained ISO 9001:2015 certification, demonstrating its ability to consistently provide products and services that meet customer and applicable statutory and regulatory requirements. One of the Company’s main goals is to provide strong, long-lasting products. The Company provides a consistent and precise manufacturing process by integrating the sourcing process for tooling seamlessly into its customers’ overall production goals.
After successfully operating the Business for 16 years, the Owner is looking to transition out of the Business to enjoy more time with family, golfing, boating, hunting, fishing, and supporting the Detroit Tigers. To ensure new ownership is successful and employees are taken care of, the Owner is willing to be flexible with the details of their transition.
2020 Inventory: $23,130
Real Estate: There are two facilities. The Owner owns one facility through a separate real estate holding entity. The Owner is flexible to sell or lease the facility to the new owner(s). The second facility is leased from an unrelated third party.
2020 Rent: $39,000 for the owned facility and $33,000 for the leased facility.
Total Building Size: 11,000 square feet total between the two facilities. The owned facility is 5,000 square feet, and the leased facility is 6,000 square feet.
Facilities: The Company utilizes two facilities. One facility is owned by the Owner through a separate real estate holding entity and is 5,000 square feet. The second facility is leased from an unrelated third party and is 6,000 square feet. The two facilities are within walking distance of each other.
Number of Employees: 12
Year Established: 2005
Support/Training: Ownership is willing to provide reasonable and customary assistance during the transition period.
Reasons for Selling: Ownership would like to retire.
Seller Financing Available: Yes
Seller Note: Limited Seller-Financing Available for Qualified Buyers.
(1) Substantial equipment base that can support up to $5M in revenue
(2) 10+ year relationships with multiple customers
(3) Ability to produce a wide variety of products for a plethora of industries
(1) Recruit new employees from local technical programs
(2) Website and marketing improvements
(3) Hire a dedicated sales staff
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