Manufacturing Niche Product Line for the Plating Industry
For Sale in OH
Financial & Assets Details
About the Business
This business serves all platers that do Decorative Chrome on plastic and on metal. Zinc Platers, Silver Platers and Gold Platers. This is a niche business. Every item that requires plating must be placed onto a rack (a holder) before being immersed into the tank for the plating process. The rack has to be designed to fit the part. This company manufactures all of these types of racks.
Another profit center is to rebuild existing Racks.
The asking price is $350,000 plus inventory at cost, which is approximately $50,000 and includes any work in progress.
Growth & Expansion
At this time, they have a difficult time keeping up with the demand. It is time to raise prices.
The closest competition to this company in Ohio is in Dayton. Someone in good health can increase the gross sales and net profit substantially. Prior to getting sick, they had net income of $195,000 a year.
There are two buildings. Each building has 3,250 sq. ft.
Support & Training
This is negotiable. The seller is in poor health.
Reason for Selling:
Poor Health and Retiring
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