This industrial metal fabrication shop is the fabricator of choice if it’s challenging, needs to be on-time and of high quality, or is a piece of equipment or machinery used in manufacturing. The owner quips ”If you can describe it, we can build it”! They started 22 years ago building bulk material handling and conveying systems, and today serves a variety of engineering companies and manufacturers throughout the food, pharmaceutical, and plastics industries.
Engineering firms and manufacturers provide completed drawings for products or equipment they need fabricated. Approximately 1/3 of the products are repeat builds, so plans are already on-file and pricing is established. The remaining 2/3 are custom builds; the owner generates quotes by itemizing and costing the required raw materials and estimating the labor necessary to perform the job. Once approved, materials are ordered and jobs are scheduled for production. Straightforward builds are typically turned around in 3-4 weeks; larger or more complex projects are scheduled over 10-14 weeks. They take a 40-50% down payment and collects the remainder prior to shipping.
The owner started in his first machine shop at 15 years old, and 43+ years later, it’s time to retire and pass on his company to a worthy successor. They have a well-established, loyal, repeat client base and an outstanding reputation in the industry for quality and timeliness. The business was largely unaffected by COVID, and being a custom shop, doesn’t compete with overseas cheap, bulk manufacturing. A buyer with experience in engineering, industrial manufacturing, or metal fab can step into this profitable company with outstanding cash flow, without sacrificing 22 years to build from scratch!
Whether you’re a fabrication company looking to grow by acquisition, or an entrepreneur looking to finally own your business, this industrial metal fabrication shop is a fantastic opportunity. If manufacturing is in your future, reach out to the Agent today!