Niche Manufacturing Biz Opportunity / Sold
Located in a prestigious suburbia near Ann Arbor, this second-generation family-owned corporation needs a new owner. Customers are both based in the U.S. and internationally. The seller works in and on the business Monday through Friday, most weeks. This business is not a seasonal business. Machinery, tooling, plastics, molds are all used in the production processes. Customers view this business as a critical component to theirs.
A new owner success will partially be determined if they are very detailed, very much scheduling oriented, perfectionist in their product and service to their customers.
Facilities: Small plastic production & machine shop, 825 square foot office building was built in 1930, 2325 square foot shop was added in 1986. There is a 10-ton AC unit for cooling. Land is zoned 301 Commercial – Improved. Occupancy is “Industrial – Light Manufacturing.” Basement wall height is 8’. Class C building. Single story. Average ceiling height 16’. Forced air furnace.
Competition: Competition exists; however, competitors cannot provide the reliability that this company has in the past 75 years.
Growth/Expansion: Diversification of product lines, complementary to what is already being produced. Updating equipment its technology, to an advantage. Advertising, Marketing, Community involvement, and networking are always good things businesses can do to help grow their business.
Support/Training: Seller is willing to train a qualified individual for a one-month period, then consult on an as needed basis on an agreed upon rate.
Reason Selling: Health issues forcing retirement.
Financials (USD)
Asking Price $450,000
Cash Flow $67,407
Sales $465,578
Deal Terms
Represented by broker? Yes
Buyer Fee? No
Seller Financing? Available On Request
Willing to co-broke? Yes
Principals only? No
Franchise? No
Management will stay? Yes
Relocatable? Yes
Real Estate? No
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