Profitable 50-Year Engineering-Driven Specialty Fabricator

Listing Number: 60352-423744

Listing Details

Profitable 50-Year Engineering-Driven Specialty Fabricator
Price: $2,250,000
Location: Ohio
  • Down Payment: $275,000
  • Sales: $4,714,667
  • Seller's Discretionary Earnings: $564,102
  • Inventory: $1,000,000
  • Furniture, Fixtures, and Equipment: $1,300,000
  • Rent: $12,985
  • Employees: 24
  • Year Established: 1970s
  • Reason for Selling: Retirement

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Business Listed By
Jake Whitta
License # SAL.2023006392
CBI
IBBA
President's Club
M&A Source
Languages: English

Business Description

Transworld Business Advisors of Northwest Ohio represents an engineering-driven specialty fabricator headquartered in Ohio that designs, builds, rebuilds, and services custom industrial production equipment and produces precision-fabricated metal components for OEM customers. Operating from a 40,000 SF industrial facility, the Company combines mechanical and electronic design, machining, fabrication, machine build, and field service under one roof, capturing the customer at the equipment sale and continuing to earn revenue across the full lifecycle of every machine placed in the field. Revenue is generated across multiple recurring product and service lines with no single line dominating the mix, and no single customer represented more than 8% of revenue in either of the last two fiscal years across a diverse customer base. The team consists of 20+ employees and the owner, organized across leadership, mechanical and electronic design, machining, fabrication, machine build and rebuild, sales, purchasing, and administration. Average employment tenure across the named management group exceeds 15 years; the seller describes turnover as "nearly non-existent" across the entire organization.