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 WOOD FURNITURE COMPONENT SUPPLIER

by | Feb 5, 2020 | Completed, Manufacturing

MIDWEST WOOD FURNITURE COMPONENT SUPPLIER

This Company carries on the historical Midwest tradition of crafting quality wooden furniture. It provides solid wood and plywood furniture components, subassemblies and frames for a variety of long-standing customers, who finish and upholster final products. The Company has distinguished itself by the quality and unique craftsmanship of its work. Ownership has invested in tooling and machinery for a skilled workforce to provide new products as demanded by customers. The Company operates out of a modern manufacturing facility which management is actively marketing for sale by a commercial real estate agent. The current owner has key managers who oversee each area of operations. This purchase is an excellent opportunity for a new hands-on owner or for a company to gain vertical integration with a high-quality woodworking division.

GROWTH OPPORTUNITIES

Expanded Marketing – The Company currently does limited marketing, with sales primarily to long-time clients and new customers reached through word of mouth or internet connections. Investment in marketing and sales personnel could generate significant new sales.
Expanded Manufacturing – The Company currently operates at full capacity on a single shift. Equipment and facilities could support additional production shifts to expand production with minimal capital outlay.
Stabilizing Woodworking Market – Although the U.S. woodworking industry has seen general decline in the past, it appears to have stabilized with growth opportunities on the horizon. At the same time, barriers to entry for new competitors include high equipment costs and a finite customer base, providing sales security for this existing manufacturer.

INVESTMENT HIGHLIGHTS

Domestic Expertise and Quality – Import of high-quality wood furniture is very limited as customers seek the reduced lead time and quick response manufacturing from domestic providers such as this Company. Avoiding import tariffs, coordinating design and engineering changes, reducing finished goods inventory, and ease of transportation are but just a few of the benefits of U.S. manufacturing.
High-Tech Equipment – The Company has invested in modern, specialized equipment to produce high quality, unique products, giving it an advantage over competitors.
Experienced Workforce – The Company has a strong team of employees, many with long tenures with the Company, who have skills that are not readily available in the market.

2018 Revenue:                                  $2,130,000

2018 Adjusted EBITDA:              $72,000

 

Non-Disclosure Agreement

MICHIGAN-BASED CUSTOM AUTOMATION MACHINE BUILDER

by | Feb 1, 2019 | Manufacturing

MICHIGAN-BASED CUSTOM AUTOMATION MACHINE BUILDER

This Company specializes in the design, build, and programming of turnkey, custom automation solutions for a wide range of manufacturing and testing applications. The Company’s products meet a wide variety of industry needs, including sheet metal assemblies that can include robotic welding, plastic part assembling, and many other specialized applications. It also has expertise in building machines that will install and test circuit boards in assemblies. The Company’s broad customer base includes automotive, furniture, agriculture and other industries. It also produces machined parts with its CNC and lathe capabilities. The Company has a stable and experienced work force and has the capacity for increased production for a new owner who chooses to invest in growing sales.

GROWTH OPPORTUNITIES

Capability to Meet Diverse Manufacturing Needs – The Company is located in a region of Michigan known for its diverse, growing manufacturing environment, offering excellent opportunities for the Company to attract customers with its experience in a variety of manufacturing settings.

Expanded Sales Strategies – A new owner who invests in additional sales efforts has the potential to tap into the strong current demand for automation technology in manufacturing.

INVESTMENT HIGHLIGHTS

Focus on Innovation – The Company has the reputation for solving difficult automation solutions involving innovative engineering and technical expertise not offered by other competitors.

Experienced, Well-Trained Staff – Key employees have been with the Company for nearly two decades, and the Company has been active in training a steady supply of its own journeyman machine builders.

High Customer Retention – Quality products and attention to customer needs keeps customers coming back; most top customers have been with the Company for a decade or more.

Turnkey Operations – The purchase opportunity includes a modern plant well equipped with essential CNC equipment. The plant has sufficient space to grow Company operations.

2017 Revenue:                                  $9,000,000

2017 EBITDA:                                   $1,500,000

 

Non-Disclosure Agreement

MICHIGAN-BASED AIR FILTRATION EQUIPMENT MANUFACTURER

by | Aug 27, 2018 | Completed, Manufacturing

MICHIGAN-BASED AIR FILTRATION EQUIPMENT MANUFACTURER

This industrial equipment manufacturer in the air filtration sector is a well-established Company that has been thoroughly restructured with new manufacturing technology and management practices. The Company develops, manufactures, markets and sells a line of equipment used in nearly every manufacturing setting. The Company’s product line includes proven manufacturing support equipment with strong brand recognition. Current ownership has completed an overhaul of company marketing, added product lines, boosted engineering capability and installed lean manufacturing processes. Management has been restructured with key personnel to allow hands-off operation by ownership, or to allow a new owner to focus on growth and development of significant untapped potential in the Company.

GROWTH OPPORTUNITIES

Strong and Expanding Product Line – The Company product line has been expanding, including a patent pending product not yet in production. New product and marketing initiatives are already growing sales.

Broad Market Potential – The Company supplies equipment needed by most manufacturing operations, providing an opportunity to grow market share and to participate in current domestic and international manufacturing growth.

Facility Space – The Company’s current facility, available in the purchase, has room to support manufacturing growth for double current sales.

INVESTMENT HIGHLIGHTS

Extensive Sales Network – The Company has a nationwide distribution through an established sales network to both end-user customers and OEM manufacturers who integrate Company parts in their own products.

Strong Market Identity – The Company sets itself apart from larger, global competitors with quality products and proven designs, competitive pricing and a service-oriented approach to meet individual customer needs.

2017 Revenue: $4,200,000

2017 Adjusted EBITDA: $590,000

3 Year Average Adjusted EBITDA: $675,000