Mfg. - Miscellaneous Manufacturing

Asking Price	$249,000	Inventory	$30,000**
Gross Income	$572,941	Real Estate
Cash Flow	$88,232	Year Established	1994
FF&E	$71,650*	Employees	6

* included in the asking price

** not included in the asking price

The company was founded around 1994 and acquired by its current owners in 1997. At that point in time, the company had only six clients and one employee. They currently have six people employed on a full time basis and one part-time employee. Excellent financial and technical records are kept and available. Similar orders can be remade with reference to previous orders to ensure uniformity of quality, color, shape, and finishing. The company provides a solid reputation for quality and on time work delivered to specification. While the acquisition price does not reflect future potential, a corporate buyer with a sales arm could greatly increase revenues Capabilities include bar and tube cutting and forming using hand tools and pneumatic machines enabling consistent cuts and bends of steel, copper, aluminum and other metals. Approximately 1,500 square feet of shop floor space is allocated to these activities. Company also has an automated conveyor line for powder painting and heat curing which can produce on a 24 hour cycle with minimal human intervention. (Currently the line is only active for one eight hour shift.) A separate 10X10X12 foot oven with a 4 foot length extension is used for large items and to cure items when the production line is in use or another color is required.

Facilities: 30,000 sq. ft. of industrial building in an industrial park. Excess office space within plant.

Competition: This is a low technology industry, however, capital investment is required to enter the market. Competition in this niche market focusing on small batches and customization is minimal. The company has shallow market penetration and has not actively sold to its existing clients to get more of their business.

Growth/Expansion: The lack of current sales and marketing indicate significant growth could be achieved through sales and marketing and simply asking current clients for more business. When acquired the company had 6 clients. Organic growth brought the total client base to over 100 active customers.

Financing: Possible

Support/Training: Owner will train buyer and introduce to all clients to ensure a smooth transition and ensure continued operations

Reason Selling: Retirement