Browse other manufacturing business for sale in Minnesota. View detailed listings with financials and business information.
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This Business is an Outdoor Products Manufacturing Company based in Northern Minnesota. Established nearly 40 years ago, the Company has solidified its position as a premier provider of high-quality outdoor gear, catering to a diverse customer base across multiple market segments. 75% - 80% of sales are high-margin, e-commerce, direct to customer sales with approximately 50% of those sales produced directly through the Company's website. The remainder to direct to consumer sales are through 3rd party marketplaces such as Amazon and Walmart and fulfilled by the merchant. The Company has also been quietly revolutionizing the industrial and recreational truck rack industry and this market segment is particularly positioned for exponential growth. Leveraging strategic partnerships and an extensive distribution network, the Company enjoys widespread market penetration. Its products are available through various retail channels, dealer networks, e-commerce platforms, and specialty stores. All products are proudly made in the USA.
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BUSINESS: This is a Manufacturing Company located in central Minnesota. It was established three decades ago and has approximately 95% recurring customers. Services include CNC and manual machining, reverse engineering parts from samples, and machining stainless steel, titanium, plastics, aluminum, and CRS steel. They use the software available: Solidworks and Bobcad. Equipment includes a Haas VF5XT CNC Milling 30”x60” X, Y travel 31-station tool changer, 2 ea. Haas VF2 CNC Milling 16”x30” X,Y travel 20-station tool changer, Haas CNC Lathe with bar feed, COSEN computerized automatic bandsaw cut-off saw, etc. FACILITIES: A 7,500 sq. ft. building with an additional 2,600 sq. ft. unheated storage buildings. The seller paid himself $18,000 in rent per year. EMPLOYEES: The business has a staff of one long-term full-time lead machinist (who runs the shop during the owner’s absence) and one part-time employee, with the owner working full-time as a machinist and maintaining the equipment. REVENUE: Revenue in 2023 was $491,902, 2022 was $616,927, and 2021 was $593,333, with a weighted cash flow of approximately. $194,822 ASKING PRICE: The asking price for the business is $435,000. Furniture, fixtures, and equipment (valued at approximately $190,000) are included in the price. The long-term Client List, Website, Goodwill, Business Name, and Inventory, which is valued at $3,000 (at cost), are also included. The buildings are for sale as well, and the asking price is $430,000. REASON FOR SALE: Retirement. He will provide the necessary training to ensure a smooth transition.