This Company is one of the most capable zinc plating shops in Indiana. Over $4 million of revenue is consistently generated annually by its long-standing customer base, which is well diversified and extends in a 75 mile radius beyond Indiana into Michigan, Ohio, and Illinois. The Company’s barrel and rack zinc plating lines meet or exceed numerous plating specifications. Unmatched experience, extensive capabilities, and a competent and extremely committed team are what sets the Company apart from the competition.
While the current owner is completely uninvolved in the Company’s day-to-day operations, he has reached an advanced age and has decided that divesting of the business is in the best interests of its future. The Company is non-union.
- Not only does the Company enjoy consistent revenue, gross profit and strong net income, but it does so with an owner that is entirely removed from involvement or oversight of the business!
Financial Summary
FY 2015 Revenue: $4,218,418
FY 2015 Cash Flow: $987,800
TTM June 30, 2016 Revenue: $4,041,127
TTM June 30, 2016 Cash Flow: $1,046,395
- The Company has long-standing relationships with numerous well-established customers primarily focused on the RV industry.
Investment Highlights
Cash Machine – The Company consistently generates a net income of 23-27% of revenue. This exceptional profitability is possible for three key reasons: expertise, high barrier s to entry (it is a capital intensive industry and new entrants to the industry must overcome daunting regulatory hurdles), and an operation that has been optimized for over 100+ years of operation.
- The Company specializes in zinc plating.
Growth Opportunities
John Deere –Over the past six months, the Company has been proving its capabilities and competence directly to John Deere suppliers. What started out as a small contract to plate U bolts on tractors has been growing. The Company expects for this contract to generate more contracts and revenue in the future.
Capabilities – Although there is a lot of overlap in terms of equipment and knowledge between zinc plating and chrome, copper, and brass plating, the Company has never offered these services.
Expand On-Site – The present owner recommends that the buyer invest in a 6,000-8,000 sqft facility to store materials and supplies. This would free up additional manufacturing space in the plant.
The BEST way to receive confidential information about this opportunity is to fill out the form below.
Upon doing so you will receive a link via email to review and sign our confidentiality agreement. Once signed we will be able to further the conversation and send you the confidential Offering Documents. Please contact Rick Purcey at rick@caldergr.com or 616-965-2771 x 2 with any questions. Interested parties must demonstrate proof of financial capability, sign a Non-Disclosure Agreement, and have a brief introductory phone call with a broker. Inquire today about this profitable plating business for sale in Indiana!
