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SOLD – Metal Forming

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$5,500,000

Sold

Listing# :

16667

Business Type :

The new owner should have an understanding of metal forming and machine operations. There are no special licenses needed just an understanding of bidding work. The successful buyer will acquire all the assets necessary to run the business. The equipment is continually updated and in the last 4 years more than 1 million dollars of new equipment has been added.

Asking Price :

$5,500,000

Gross Revenue :

$3,540,446

Established :

1972

Franchise :

Screenshot-2024-11-07-at-2.45.47 PM

Eastern Iowa

Business Description

The business works in metal forming for OEM’s across the country. Company can prototype one unit or can produce long runs of more than 10,000 units. Company has capability to stamp parts as well.

Detailed Information

Facilities :

Business is located in an industrial park with 40,000 square feet under roof. The entire building is covered with heat and air conditioning.

Growth and Expansion :

Sales have been consistent over the last several years serving the same customer base. More effort in the sales and marketing department and new customer development should provide enhanced sales and profits.

Reason for Selling :

Retirement

Employees :

Yes

Building SF:

40,000

Relocatable :

Contact Form

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