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Asking Price$650,000
Revenue$1,649,591 EstablishedUndisclosed
Cash FlowUndisclosed Employees43 full-time
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
This family-owned foundry has specialized in highly cored and intricate castings. Their in-house
pattern shop can transform your design into a high-quality ductile or grey iron casting. This
foundry has a facility of nearly 80,000 square feet and can handle the most complex cores.
To do the job right, they also offer finishing operations such as heat treating, grinding, polishing,
machining, and coating. Primary products produced include pumps, agricultural machinery parts,
power transmission equipment, and environmental components. This long-established foundry is
looking for new energy that new ownership can provide to reinvigorate a platform that has all of
the ingredients to grow the base and expand into new markets.
Growth Potential:ASKING PRICE $650,000 INCLUDES the real estate of 3+ acres, the business, and equipment which is all in working order but underutilized. Inventory is additional.
Training/Support:There are 43 full-time employees and part-time employees. There are ample employees to maintain current production. While there will be some turnover of family management, they will stay during the transition period, to be determined, in order to maintain a seamless transition. The Sellers are willing to train and transition the Purchaser for a mutually agreeable time period immediately following closing.
Sale Reason:Retirement
Ad #121381
Seller Reference #INDIAIN001-N1884
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Contact This Seller
Len Fulkerson
(317) 662-2059
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