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Asking Price$2,250,000
Revenue$803,000 Established1980
Cash Flow$76,825 EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This 48 year + specialized metal manufacturer produces a trademarked line of UL listed products for a unique niche marketplace.  In addition to their own products, they also produce various sheet metal, wire fabrication and custom designed products for specialty distributors, wholesalers and OEM’s.  They have many long-term, loyal customers who have purchased from them for decades

The business resides in the St. Louis marketplace (distribution center of North America) and is located in an industrial park adjacent to a major east/west Interstate.  The building is ~30,000 square feet and well maintained with significant additional capacity.  The Owner would like to sell the real estate with the business, but is open to a lease, lease/purchase or other terms.

The owner is 2nd generation, ready to retire and desires a strategic acquirer to take this business through the next 50 years.
Facilities:The property consists of a ~ 2.21 acre lot and 29,100 sq. ft. commercial building. The property was developed in 1990 originally encompassing 15,900 square feet. The building was expanded in 1999 to its current 29,100 square feet size. The building itself is a pre-engineered, fully insulated steel building with brick façade highlighting the office area. The entire building is sprinklered and alarmed. The building features 2 dock doors and 2 -16’ drive in doors. The lot is paved with separate office parking in front and production parking on east side of the building.
Competition:The US fabricated metal product manufacturing industry includes about 51,000 companies with about $338 billion in combined annual revenue. Revenue (in current dollars) for US metal products manufacturing is forecast to grow at an annual compounded rate of 3% between 2019 and 2023, based on changes in physical volume and unit prices. US durable goods manufacturers' shipments of fabricated metal products, an indicator of fabricated metal parts production, rose 3.3% year-to-date in October 2019 compared to the same period in 2018.
Growth Potential:Significant growth opportunities leveraging the company’s talents in sheet metal, including stainless, copper and specialized materials.
Training/Support:Owner is providing 30 days of transition services included in the purchase price. In addition, the Owner is available for additional consulting and engagement under mutually agreed terms.
Sale Reason:Retirement
Ad #121362
Seller Reference #LST 1114
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Innovative Business Advisors, LLC
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