A long-standing structural metal product manufacturing business is available for acquisition in Eastern Iowa. Under continuous ownership for several decades, the company has built a strong reputation for quality and reliability.
The sale includes both the operating business and the accompanying commercial real estate, which is estimated to add approximately $1,000,000 in value. The owners are seeking the best offer, with no formal asking price established.
This is an ideal opportunity for:
Strategic buyers
Independent sponsors
Private equity investors
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Detailed Information
Real Estate:
Owned Included in asking price
Inventory:
$500,000 Included in asking price
FF&E:
$2,000,000 Included in asking price
Building SF:
24,000
Facilities:
Company owns its commercial real estate with all operations within this 8.6 acre lot and 24,000 SF of manufacturing space. Site is zoned Industrial. Estimated value of $1,000,000.
Competition:
Business targets smaller, higher margin fabrication jobs that larger competitors avoid due to variability in sizes and custom requirements.
Growth & Expansion:
There are several notable opportunities for growth. These include: (1) add an outside salesperson, (2) invest in advertising and marketing, (3) add ancillary product lines, and (4) from a new buyer qualifying as a disadvantaged owner.
Support & Training:
Will train for 2 weeks @ $0 cost.
Reason for Selling:
Family operation, the second generation is selling for retirement.
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