Metal Products - Light Duty Scaffolding Hardware
Location Massachusetts,United States
Asking Price Range $250K - $500K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1993
Number of Employees 4 - 5
Relocatable Yes
Number of Employees 4 - 5
Real Estate Leased
Training We will assist buyer with any support and training they desire.
Reason for Sale Owner retiring.
Description Specialized tooling and equipment for the manufacture of a complete line of Light Duty Scaffolding Hardware used in the installation of roofing and siding materials in the wood frame construction market. Established products used by both the professional homebuilders, re-modelers, and home owners. We are looking to sell our entire product line which includes all of the tools and dies, and specialized fabrication equipment to produce the line. This product is sold through Building Material Wholesalers, Roofing and Siding Supply Houses, Lumber Yards plus many other Retail and Wholesale channels. Primary manufacturing processes include metal stamping from coil stock, secondary assembly operations including riveting, and other means of mechanical fastening. For an organization with a strong sales force and experience in this market segment there is a substantial upside potential with this product line.
Prior to this most recent slowdown in the housing market, sales volume was $750,000 per year. At that volume level, the business generated $120,000 in salary for the principal, and an additional $30,000 in benefits and expenses, plus profits in excess of $40,000 for total of $190,000. Replacement value of the tools & dies exceeds $250,000, and the value of the manufacturing machinery and equipment is estimated to be an additional $200,000 for a total of $450,000. Our asking price is $250,000 plus the value of the inventory at cost. Contact for more information on this Metal Products / Scaffolding Hardware business for sale.
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