Business For Sale Listing 141753
Precision Investment Castings Manufacturer, w/RE
Status as of Nov-22-2008 at 06:02 PM: Active
Business Summary
Precision Investment Castings Company - West Michigan
With more then four decades of experience in investment castings this company provides engineering and tooling services to a vast array of industries: food processing, aircraft fuel line fittings, ordnance, pump parts, cryogenics, military security hasps, medical, crane & hoist, marine hardware and valves. An in-house tool and die facility working closely with the engineering staff enables the fastest print to casting turn around time in the industry.
The owner started the company and up until the last few years has been actively involved in the maintenance, management and growth. The owner has now decided to retire and a new buyer will find that the business, although mature, is by no means old and is read and able to adapt and meet the demands of a new owner.
Normal work force averages 32-34 full time and 1 part but varies depending on work load. The business operates in a 34,300 sq. ft industrial facility, including 2,380 sq. ft of office area.
The advantages of investment castings over other machining, forgings and other casting choices are numerous and uniquely position’s the new owner of this business to increase its market share. Investment castings give:
• Most complex shapes possible by any manufacturing means
• Lightest parts for a given design
• Highest strength performance
• Most material choices
• Best dimensional control of any casting technique
• Low tooling costs
• Advanced prototyping solution
Building upon a loyal and diverse client base, referral business has been the primary source of growth. However, a buyer with a desire to market the business will find much greater potential. Currently, the business has not attempted to benefit from any advertising campaign, relying only upon referrals.
Categories
Industry
Location
Financials
| Sales: |
Between $2.5 Million And $5 Million (2,600,000) |
| Profits: |
Between $100 Thousand and $500 Thousand (350,000) |
| Profit Type: |
Cash Flow |
| Fiscal Year: |
2007 |
| Asking Price: |
Between $2.5 Million and $5 Million (3,000,000) |
