Metal Stamping and Fabrication Company
Location: Central, Illinois
Industry: Manufacturing Businesses, Fabricated Metal Products
Description of Business:
Great opportunity to acquire this quality fabricator that has been neglected by its retired absentee owners. The business was much bigger but wound down as the owners semi-retired with no advertising or emphasis on new business. This company has been a quality supplier of precision components made from aluminum, steel, stainless and alloys for almost 20 years. They have a good history as a stamping and metal fabrication company for numerous industries. They supply parts that are used during production to Caterpillar, Wheelabrator, Union Iron and other such companies. Price includes FF&E at $375,000 and Real Estate at $375,000.
Approx. 3 acres in an old industrial complex, consisting of 22,000 square foot main production building with an outlying storage building, plus 2 ea. 2000 SF rented buildings. Extensive list of quality, well maintained equipment: Presses from 10 to 100 ton, Lathes, Shears, CNC turret presses and welding equipment.
Competition and Growth Potential:
Competition: General competition in the fabrication business Growth/Expansion: Ripe for an experienced businessman to rebuild this quality company through advertising and marketing efforts.
Financing Options:Property may be leased. Other financing depends on buyer qualifications.
Support and Training:
GM is in place to provide new owner training and continued support.
Main Street Business Associates LLC is a professional business brokerage firm specializing in the sale of privately-held businesses or business units priced from $50,000 to $5 Million. We have the experience, the know-how and the skills necessary to assist you through any size or type of transaction. We are part of the Broker Service Network, with over 135 offices nationwide. We have brokerage partners in virtually every state and major city.