Overview

Manufacturing

Custom Heat Treating Equipment Manufacturing and Services

Price: $552,000

Listing ID: FLAME1

Annual Sales: $563,024

FF&E: $23,000

Seller Discretionary Earnings: $220,674

Year Established: 1995

Days & Hours of Operation: M-F 7am-4pm

Inventory: $30,000

Reason For Sale: True Retirement

Listing Status: Active

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Summary

Description:

With an impressive 39% average net profit this business has multiple streams of income derived from the design, engineering and fabrication of custom computer controlled heat treating and metal tempering machines, for clients as diverse as small machine shops to multi-billion dollar global manufacturers for all manner of metallic parts as well as service, repair, maintenance and national and international relocation of client owned equipment. One differentiator of this business is the ability to design, engineer and build complete custom systems as well as custom sub-components such as torches, flame heads, control cabinets or quench solutions under a single roof to meet clients exacting requirements. NOTE: Provided financial information is for calendar 2022 A Non-Disclosure Agreement and Working with Real Estate Agents Disclosure will be required prior to release of confidential client information. This business was established several decades ago out of state and was subsequently relocated to central North Carolina. The company has built a global reputation for quality and cost efficiency. Working capital is not included in the asking price.

Historical Summary:

This business was established several decades ago out of state and was subsequently relocated to central North Carolina. The company has built a global reputation for quality and cost efficiency.

Competition:

There is no direct competition since the 1990's when a foreign competitor went out of business. Localized hardening is a competing technology using induction, but costs approximately double and is not as cost effective for low runs and/or large parts. There is minimal competition from DIY.

Growth & Expansion:

Hiring a salesperson or retaining a outsourced commission based sales team or hiring shop workers who can manufacture while the owner is selling. Put an operating line of credit that allows financing options. Include a new spinning machine in the purchase and formally launch and market outsourced flame hardening / tempering as a service.