Asking Price
$1,750,000
SDE
$412,169

Industry

Other Manufacturing

Gross Revenue
Location

$5,547,781
Worcester County, MA

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.

Detailed Information
Internal ID
1790

Number of Employees
39

Financing Notes
A qualified buyer may be able to obtain an SBA 7A loan with 10% down payment for the business.

Additional Information
Reason for Selling

Retirement

Support & Training

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

Growth & Expansion

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:
1. Expand the existing facility. If the two tenants that are currently leasing move out, 8,000 sq. ft. would become available. 2. Add an experienced salesperson to the team. 3.Implement a software tracking system to help run more efficiently & effectively, which could reduce overtime & possibly allow for a reduction in staff.

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Manufacturer of Wide Range Thermal Processing of Steel and Aluminum
Asking Price
$1,750,000

SDE
$412,169

Industry

Other Manufacturing

Gross Rev.
Location

$5,547,781
Worcester County, MA

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.

Detailed Information
Internal ID: 1790

Number of Employees: 39

Financing Notes: A qualified buyer may be able to obtain an SBA 7A loan with 10% down payment for the business.

Additional Information
Reason for Selling

Retirement

Support & Training

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

Growth & Expansion

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:
1. Expand the existing facility. If the two tenants that are currently leasing move out, 8,000 sq. ft. would become available. 2. Add an experienced salesperson to the team. 3.Implement a software tracking system to help run more efficiently & effectively, which could reduce overtime & possibly allow for a reduction in staff.



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