SOUTHEAST MICHIGAN INDUSTRIAL PLATING AND COATING COMPANY
This Southeast Michigan industrial plating and coating Company provides electrodepositions and industrial coatings to the automotive, military, furniture, and appliance industries throughout the Midwest, nationally and internationally. It stands out from competitors in its ability to process a wide variety of part sizes in small to large quantities. In its more than 40–year history, the Company has built a stable of clients that is wide, deep, and loyal. Its location in a region rich in manufacturing presents multiple opportunities for building sales with more aggressive marketing. Current facilities provide plenty of room for growth, and an experienced leadership team is on board to assist new owners.
Untapped capacity – The Company’s facility provides plenty of room for growth, capable of potentially doubling its current revenue within the premises.
Aggressive recruiting – Lack of qualified employees, not lack of work, has been the Company’s greatest challenge to growth.
Sales and marketing – The Company has no sales team, relying primarily on its reputation, word of mouth, and its website to generate new business.
Broad capabilities – The Company can process a wide variety of part sizes in quantities ranging from small lots to large production runs.
Many loyal customers – It has built a large stable of loyal clients; its top 10 customers have been working with the Company for an average of 17 years.
Industry certification – The Company’s ISO certification allows it to serve the many customers that require that industry standard.
Supplier relationships – Its top 5 suppliers have been working with the Company for an average of 18 years.
Experienced leaders – A leadership team, already in place, has decades of experience.
3 Year Average Revenue: $1,880,000
3 Year Average EBITDA: $330,000
(616) 379-4047 Ext: 106