SOLD – Metal Forming

Eastern Iowa

Screenshot-2024-11-07-at-2.45.47 PM

$5,500,000

Listing# :

16667

Cash Flow :

$808,343

Gross Revenue :

$3,540,446

Status :

Sold

Discretionary Earnings :

$5,500,000

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.

Detailed Information

Real Estate:

Available

Inventory:

Available

FF&E:

$0

Building SF:

40,000

Employees:

Yes

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.

Competition:

Within the area there are a couple of companies providing similar work. The companies are friendly competitors and work with each other on specialized projects.

Growth & 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.

Support & Training:

Training & Support 2 weeks $1,000 costs

Reason for Selling:

Retirement

Contact Form

EXPLORE MORE OPPORTUNITIES

Not quite what you’re looking for? Take a look at these similar listings that might pique your interest. Our diverse selection of businesses offers a variety of opportunities, so you can find the perfect match for your aspirations and investment goals. Your dream business could be just a click away.

Businesses For Sale

SOLD – EPS Forming and Shaping Company

The business is in the foam manufacturing business. They form and shape most anything out of foam. They specialize in packaging, displays and have patented designs/products.