Precision Tungsten Carbide Tool and Grinding Business

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.

tool & die business for sale

Additional Information

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.

Investment Highlights

(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

Growth Opportunities

(1) Recruit new employees from local technical programs

(2) Website and marketing improvements

(3) Hire a dedicated sales staff

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 [email protected] 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. Enquire today about this tool & die business for sale!

Financial Performance

  • Year End Dec 2020 Revenue

    $1,608,580

  • Year End Dec 2020 SDE

    $153,621

  • Equipment Value

    $1,095,600

  • Real Estate Value

    $309,000





I'm Interested!

Please fill out this form and we will get in touch with you shortly.

 





 



For this opportunity our client is asking for a little background on each buyer before releasing information. Please briefly answer the questions below:

 


 
































 


 


For the next questions hold CTRL or SHIFT to multi-select

What industries are you interested in? (select all applicable)

What EBITDA interests you? (select all applicable)

In what state(s) are you interested in finding a business?

Please designate your affiliation

 




After hitting "Submit" you will be redirected to sign our standard confidentiality agreement. Please note, we cannot send additional information until the confidentiality agreement is signed.

 






Receive new business-for-sale notifications instantly!

Subscribe to receive new opportunities!

 
 
For the next two questions hold CTRL or SHIFT to multi-select
 
 

Calder Capital, LLC