Tupelo Data Room
Machine Shops & Tools, Metal Products
Active

Tool Company - Turn-Around or Rollup Opportunity

Worcester, Worcester County, Massachusetts, United States
Asking Price$500k
Revenue$1.03m
EBITDA-
Cash Flow$256k
Description
This company manufactures and sells packaging products and traditional metal parts to its customers. It employs a skilled staff of four, but its equipment is old, and its profit margins are tight. The building can be leased or purchased for the fair market. This a unique opportunity for an enterprising Buyer to acquire a metals manufacturing business with a minimal down payment or for a larger CNC/metal fabrication company interested in acquiring a book of business and possibly some equipment
Real Estate
Leased
Furniture Fixtures & Equipment
$300k
Business is
Relocatable
Number of EmployeesFull-Time: 6
Year Established
1970
Reason Selling
There are two owners. One owner is looking to retire.
Facilities & Assets
The company is a full-service Water Jet, Metal Stamping, Tool & Die shop. It specializes in Flow dynamic abrasive jet cutting, high-speed CNC milling, drilling, and tapping. The company designs and builds single-station, progressive, and compound dies. The welding department has MIG, TIG, Stick Arc, and Spot-welding capabilities. One of its primary product lines is a series of developed packaging-related products, which it now manufactures and sells to Uline and other distributors.
Support & Training
One of the hardest tasks for business owners today is hiring and training staff members. This company has a good group of team members with longevity and decades of industry experience and one owner is willing to stay on as an employee. A seamless transition as everything is in place for a new buyer to take over the business.
Market & Competition
In 2025, with no additional sales and marketing efforts, the company’s sales and profits are expected to align with the year-ending financials 2024.
Growth Opportunities
Opportunities exist to grow top line revenues, net income, and cash flows with the initiation of strategic marketing and advertising programs. This transaction is anticipated to be sold as an add-on opportunity to an existing business currently operating at a different location and has been presented accordingly. If a Buyer so desires to lease or purchase the building and manage the company in its current, existing location, the Seller is also open to discussing this scenario.
Financing Options
Seller financing is available.The Seller is open to holding a substantial Seller Note for the right Buyer.
Asking Price$500k