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Manufacturer of Wide-Range Thermal Processing of Steel & Aluminum
Listing
1790
Massachusetts
Revenue
$5,542,302
Cash Flow
$593,749
Asking Price
Accepting Offers
Business Description

A niche manufacturing business is an excellent opportunity to earn a steady income with growth potential. It is a solidly performing company with strong name recognition. The company serves customers throughout New England and meets the wide-ranging thermal processing needs of its customers, whether it’s simple stress relief or a low carbon steel weldment.

This company is one of the largest aluminum and nitriding heat treaters in New England, serving markets that include: aluminum foundries, firearm parts manufacturing, utility securities, headset communications, gear manufacturing, turbine and turbine generator sets, and CNC machining.

While the buyer does not require any specific licenses or certifications, a background in metallurgy/thermal processing would be helpful. The owners anticipate the buyer will need approximately $900,000 for working capital.

Growth Expansion and Opportunities

This company has built a sterling reputation and a strong market share over the years in business, but opportunities for growth remain. Some options the buyer could consider:

  • Expand the existing facility. If the two tenants that are currently leasing move out, 8,000 sq. ft. would become available.
  • Add an experienced salesperson to the team.
  • Implement a software tracking system to help run more efficiently & effectively, which could reduce overtime & possibly allow for a reduction in staff.
Support & Training

The seller will provide training and support to ensure a smooth transition.

Reason Selling
Retirement
Employees
39 FT / 2 PT
Terms
It is expected that a qualified buyer can obtain an SBA 7A loan with 10% down payment for the business.
Broker

Brian Labonte

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  • Manufacturer of Wide-Range Thermal Processing of Steel & Aluminum

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