- City Other Michigan
- State Michigan
- CountryUnited States
Not Relocatable
A successful business for most of its existence, the company manufactures metal parts and products. Company experienced a significant loss of revenue in 2006/2007 due to a drop in its customer sales and a shift of two key customer accounts offshore. The owner believes the worst has passed and revenues were up 28 percent in 2008 over the prior year and are on track to increase 45 percent over 2007.
Several of its products are trademarked and generate in excess of $100,000 annually in sales. In addition, the company has more than 200 customers, many of whom have purchased parts for their own products for many years. The company occupies a niche that is not heavily saturated by competitors. A new owner with experience in sales and manufacturing could improve sales quickly, in part by more aggressive marketing of their trademarked products. The financial information above is a projection for 2009 performance provided by the owner.
This is a classic opportunity to buy a company at the right time, when its recovering from a down period and is still attractively priced.
Disclaimer: MergerNetwork.com has not independently verified any of the information in this listing and makes no warrany as to its accuracy or completeness.
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