Niche Metal Fabricator
ManufacturingFor Sale in New York, NY
Financial & Assets Details
About the Business
This family-owned company specializes in industrial manufacturing and custom metal fabrication. Established over 50 years ago, the company has a robust business model for a new owner to continue and grow. The company has three main divisions: architectural/complex projects, contract manufacturing, and custom product solutions. Collectively they offer CAD & programming services, laser cutting, parts manufacturing, light mechanical fabrication/assembly, and full fabrication/assembly. Target markets include a wide range of construction & manufacturing industries on both a national & international level. More specific sectors include aerospace, architectural, medical, process machinery, and transportation. The company operates an engineering design and niche manufacturing facility that produces proprietary mobile industrial-grade heaters which can be sold to multiple industries. Heaters are assembled at the company’s facility using internal resources and components from an extensive network of qualified hydraulic, electrical, computer, and associated hardware providers. The heater division also provides technical support, repair services, and parts for a worldwide installed base of nearly 2,000 in-use heaters. This Company operates within a 22,000 sq. ft. facility. With significant repeat business, highly trained staff, extensive industry knowledge, robust sales & marketing systems, a high level of technology integration, and ISO9001:2015 Certification, this is a prime acquisition opportunity for the right candidate. The long-standing company has good books and records with provable cash flow. The company has conducted a 3rd party valuation and also has been Pre-Qualified for SBA Financing. Key management is in place, and the current ownership is willing to provide support and assist with the transition to set the new owner up for success.
Metro Area near major highways.
Support & Training
The current ownership is willing to provide support and assist with the transition to set the new owner up for success.
Reason for Selling: