Quality Repetitive Make to Order Screw Machine Products Job Shop
Location: Wisconsin > St. Croix County
Industry: Manufacturing > Metals Components Manufacturing
Financials
Asking Price: $273,000
Gross Revenue: $435,400
Cash Flow: $100,097
Inventory: (Included in Asking Price)
FF&E: $105,500 (Included in Asking Price)
Business Summary
The Company is a traditional screw machine products repetitive make-to-order job shop. Its’ hallmark is doing what it does well. A 28 page Offering Memorandum is available which answers the majority of Buyers’ first stage questions. Email Kris@broadbridgeinc.com or call 262-369-0787 for a non-disclosure agreement to receive it. Here’s what really matters - the Company has a long-standing customer base clustered in the Twin Cities and Metro Milwaukee. Its small town location enables lower costs for labor & overhead. Result = profitable competitive advantage. It produces with single & multiple spindle screw machines all very fully tooled. Seller’s policy is routine maintenance with no deferrals so machines are in good working order. They’ve been rebuilt to high standards when appropriate and hold tolerances of + / – .0005.” There are 4 full time, 4 part time employees - all machine operators doing own set-ups and runs and work as a team. Average longevity is about 4 years. Wage spread is $12+ /hr. to $20 / hr. The seller has not actively pursued sales for the last few years AND HE KEEPS GROWING! New customers come via referrals based on Company’s quality work. For first time buyers / would be entrepreneurs this Company makes sense. It’s continually growing, has solid steady customers and its priced to give a buyer a reasonable first-year income + company buys itself from remaining cash flow. Unlike many smaller companies you don’t’ have to fix key problems here - just actively sell. Then plow some of your profit back into increasing your equipment’s automation. A buyer with average ability to manage & the drive to focus on pretty straight-forward comfortable selling can’t fail to grow company to several times current size. Experienced /corporate buyers can run this one as is or assimilate it.
About the Business
Year Established: 1997
Employees: 4 full time - 4 part time
Relocatable: Yes
Facilities: The Company rents 5,000 square feet – ½ of a 10,000 square foot building for $1,250 / month on a month-to-month basis. The balance is utilized as storage by the owner. The two sections are divided by a wall. The owner would relinquish the storage space to growth, and would consider a formal lease or even a sale. Conversely the month-month tenancy facilitates re-location.
Market Outlook and Competition: The Company has not identified any one or small number of competitors with whom it competes aggressively or head-to-head among its customer base. It seems to win (and loose) its share of work based on price in individual quotes. Customers generally refrain from identifying who the lower cost supplier is. Neither have they warned the Company that its pricing is excessive overall.
About the Sale
Management Training and Support: The Seller will remain with the Company at no charge / as part of the selling price for 2 weeks after closing. He will have some regular on-going long-term post-sale availability and is willing to discuss a consultative or employment relationship with the Buyer on some To-Be-Determined basis for a similarly To-be-determined rate.
Reason For Selling: After 20 yrs the Seller is returning to College to finish the last credits of a Masters Degree! This has been a long-term personal want which he now elects to accomplish. He also has a profitable hobby business which he'd now like to pay more attention to.
Attached Files - Attachment Disclaimer
| Front Page Company Literature - Sample products, equipment and quality commitment |
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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