Established and Profitable Manufacturing Business

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Financial Highlights
Asking Price
$5,500,000
Revenue
$8,000,000
Business Description

Established manufacturing business in Houston, Texas with multiple quality certifications is up for sale. The company sells to approx. 75% wholesalers and 25% end users and is located inside the beltway. Approx. 24,000 sq ft facility with a lease that ends within the year. Under 50 employees with amazing potential to take to the next level. Over 110% growth from 2020 to 2021 in annual sales. Several CNC's, bandsaws, trucks, and inventory, trademarks included. Location: Houston, Texas Year Established: 2016 Number of Employees: 40 Real Estate: Leased Building Sq. Ft.: 24,000 Rent: $15,000.00 Per Month Lease Expiration: 2/28/2023 Facilities: Located in an industrial complex on the north side of Houston. Approx 6,000 sq foot of office space and 16,000 sq feet of covered warehouse space and 2,000 sq feet of uncovered space. Full dock, mid dock and ramps for loading and unloading. 3 phase power throughout the facility. Parking supports 40-50 people. Buyer may consider moving to a more updated facility with room to grow and expand the machine shop and inventory. Market Outlook/ Competition: Market condition is strong for our products. The business holds several certifications that separate itself from the masses, and has found a niche in hot and fast turnaround services for the oil and gas sector. This business is considered one of the best to deal with when looking at small cap companies. Large cap companies include names like Lamons, LoneStar Fasteners, Dan Loc. Growth & Expansion: Growth for the company is fairly straight forward. Put in more manufacturing capacity, add a aggressive sales person, and bring in more raw inventory. This company grew 113% from 2020 to 2021 by doing this exact plan, and didn't even scratch the surface of growth potential.

Business Details
Industry:
Automotive & Boat
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 4, 2022

Updated: 16 hours ago

Views: 15

Favorites: 0