MICHIGAN-BASED SPECIAL TOOLING AND PATTERN FABRICATOR

by | Oct 5, 2020 | Completed, Manufacturing

MICHIGAN-BASED SPECIAL TOOLING AND PATTERN FABRICATOR

This is a well-equipped special tooling and pattern fabrication operation with an excellent track record of serving industrial OEM and tier-two manufacturing clients with quality and innovation. With extensive facilities, best-in-class equipment and a highly trained workforce, the Company ranks at the top of its industry. It is recognized by customers and competitors as an innovator. Its cost-effective alternatives to traditional methods of manufacturing have driven down customer cost and turnaround time. The Company has served for decades a national market comprised of a small number of well-known brand names. High performing products coupled with excellent customer service have resulted in outstanding customer loyalty along with reliable revenue volume and margins. The owner is looking to retire and has a strong team in place. He is interested and able to assist in the transition to a financial or strategic buyer.

GROWTH OPPORTUNITIES

History of Innovation – The Company has a record of innovation, introducing new methods of manufacture that reduce cost and time to market while preserving and improving quality.

Opportunity to Add Customers and Markets – Customer retention and expansion has occurred without a sales department. New customer development could propel growth in existing and new markets.

Lights-Out CNC Manufacturing – The business already operates some CNC machining without direct operator supervision. A manufacturing strategy could be developed to leverage current equipment and facility infrastructure further without increasing direct variable labor cost.

INVESTMENT HIGHLIGHTS

Trusted Brand and Reputation – The Company enjoys an impeccable reputation with a loyal and diverse customer base. A buyer focused on customer service can see a solid stream of recurring business.

Prepared for Transition – The owner has been preparing for transition by delegating responsibilities and growing the capabilities of team members, continuing a tradition of developing employee skills. This included hiring a General Manager in 2016.

Property Options – The facility is owned by a separate related entity with opportunity for lease or sale.

3 Year Average Revenue: $3,000,000
3 Year Average EBITDA:   $400,000

Non-Disclosure Agreement

MICHIGAN LAMINATED WOOD PRODUCTS MANUFACTURER

by | Aug 25, 2020 | Completed, Manufacturing

Michigan Laminated Wood Products Manufacturer

This long-established Michigan company specializes in CNC machining of composite wood, plastics and nonferrous metals to produce high-quality decorative seamless 3D laminate products for a wide variety of applications including hospitality, furniture, store fixtures, medical, auto and architectural components. Its skilled and
experienced staff turns creative, cutting-edge designs into exceptionally beautiful and functional products. The Company has the expertise and equipment to produce components in a wide variety of designs in virtually any size. It provides its customers total fulfillment, including machining, laminating, assembling, packaging and shipping. Quality control is well-established, with prior ISO certification and complete part traceability of orders. 

GROWTH OPPORTUNITIES

Kick-starting sales – The Company currently is operating well under capacity as its marketing relies primarily on their reputation and current clients. Creating a sales operation to more actively pursue new business and leverage the Company’s sought-after capabilities could produce high rewards.

New products in the pipeline – The Company currently has new proposed projects under way with current and prospective customers

INVESTMENT HIGHLIGHTS

Uncommon expertise – This company has rare capabilities within its industry, and little competition for its more advanced services. Potential competitors are discouraged by the complexity of mastering the processes and techniques, some of which are proprietary to the Company.

Experienced staff – Solid and long-tenured management team, most having a decade or decades with the Company.

Established customer base – Customers include some of the bigger names in their industries. Most are repeat customers and have been with the Company five years or longer. Very seldom is there a one-time customer or order.

Year                                  2018              2019            2020            2021             2022

Sales                           $2,720,000  $2,130,000  $1,160,000  $2,230,000  $2,200,200

Adjusted EBITDA       $140,000     ($10,000)    ($30,000)    $210,000     $220,000

An appraisal as of December 2019 gives fair market value of machinery and equipment of $772,400

Non-Disclosure Agreement

WEST MICHIGAN-BASED CONCRETE SUPPLY COMPANY

by | Jun 23, 2020 | Completed, Manufacturing

WEST MICHIGAN-BASED CONCRETE SUPPLY COMPANY

This West Michigan concrete supply business sets itself apart with its wide range of concrete and concrete-related products. The Company also provides crushed concrete, sand and stone aggregates. With an emphasis on high quality products, developed through a focus on concrete technology, and high levels of customer service from expert employees, the Company has a long history of growing sales and profitability. With current ownership ready to retire, this purchase offers an excellent opportunity for a new owner to step into a successful operation or for an existing company to grow market area and customer base.

GROWTH OPPORTUNITIES

High Product Demand – A very strong market for residential, commercial and agricultural construction in the region provides the opportunity for continued growth in sales of concrete and aggregates.

Room for Expansion – Current Company facilities offer room for significant expansion of sales without major capital outlay. Equipment and facilities are updated and efficient.

INVESTMENT HIGHLIGHTS

Strong Market Presence – The Company offers more products and better service than regional competitors, along with top quality concrete, and has become a one-source, efficient supplier of multiple products to contractors.

Continual Product Improvement – The Company has developed its concrete product through research and development over four decades and continues to evolve its products with the latest technology.

Strong Customer Base – The Company enjoys a very high level of repeat customers, with few sales requiring bids. A high percentage of customers have purchased from this Company for more than a decade.

2018 Revenue: $4,720,000
2018 EBITDA: $690,000

Non-Disclosure Agreement

MIDWEST-BASED DOCUMENT SOLUTIONS COMPANY

by | Mar 24, 2020 | Completed, Service

MIDWEST-BASED DOCUMENT SOLUTIONS COMPANY

Our client is a leading company in the field of providing document management solutions via document imaging services and secure document storage to a wide range of customers. The company benefits from recurring revenue generated by its long standing, contractual relationships with its clients. A 5-year contract was recently renewed with the company from one of its main customers. The Company brings a high level of expertise and wide array of specialized document solution services.
The Company presents a customer service oriented new owner the chance to continue a tradition of success.

GROWTH OPPORTUNITIES

Boost Marketing – The Company has had success with limited marketing but is currently developing strategies to tap the larger market of organizations who need to process ever-increasing amounts of information.

Increased Sales of Digital Services – The Company is well positioned to leverage its expertise to grow sales of digital services.

INVESTMENT HIGHLIGHTS

Expanded Sales Can Provide High-Margin Revenue – The Company has a large, fixed-cost investment in IT and security systems. New sales with minimal incremental costs provide the opportunity for high margin new revenue.

Established Company Limits Competition – New companies in the industry do not have the experience and technology to handle the high volume, breadth of capabilities and specialized services that this Company is positioned to process. The Company has a dedicated and knowledgeable management team, seasoned sales staff and a well-established reputation. Ownership is willing to work with a new owner to establish a transition time frame.

Forecasted 2019 Revenue: $6,500,000
Forecasted 2019 EBITDA: $1,400,000

Non-Disclosure Agreement