The Company is a SE Michigan-based manufacturer that offers niche services to the automotive and education industries. It performs approximately 98% of its work in house and outsources a small percentage of its work for specialty finishing processes. The Company customers’ predominately lie within the automotive and education industries and have been customers since the origination of the Business. The Company is ISO 9001:2015 certified and over the prior three years, the Company has implemented numerous new systems and production processes in order to increase operational efficiency and reduce waste byproducts.

The Company was founded over 30 years ago and was purchased by the current owner in 2019. The owner has transitioned into a passive role by hiring a Vice President of Operations to absorb their previous duties. This could allow for a seamless transition, as new ownership could remain passive in the Business. The current owner wishes to disconnect from the Business soon; however, is willing to remain on board for a reasonable transitory period to train new ownership.

The Company’s current facility is leased from an unrelated, third-party landlord. The Business expanded into this facility within the last 10 years and has a definitive lease agreement extending through 2029. Located near the Company’s current facility is an additional facility available for lease from the Company’s current landlord, which presents an opportunity for expansion should new ownership desire to do so.

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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.