Accepting Offers! Operating from its headquarters in Michigan, this long-standing, professional manufacturer focuses on custom laminated welding shunts and resistance welding components for customers all over the United States. These products include copper welding shunts and resistance cables. They are also a major distributor for various types of welding supplies, including air-cooled, water cooled, and kickless welding cables. The passion of the company is satisfying blueprints to exacts customer specifications to meeting delivery deadlines, earning a reputation for manufacturing excellence and dependability. The company operates out of a prime location. Totaling nearly 7,500 square feet, the leased building has an office space that makes up 1,500 square feet and warehouse/production space that makes up 6,000 square feet. The premier manufacturing organization has the following revenue sources: approximately 80% laminated welding shunts, 15% welding shunt adaptors, and 5% coming from miscellaneous machining products. With the majority of its revenues coming from the automotive market, additional revenue is sourced from customers in other industrial markets. They’re also capable of distributing various welding supplies via distributorships to its customers on-demand through ordering procedures. They have maintained a large base of repeating business from past clients and new customers with very minimal advertising. In 2019, the total revenue was $628,725, with Seller’s Discretionary Earnings of $113,756. The ownership believes that its quality reputation, service, operational capabilities, and diversity in the marketplace have contributed to their continued success. There are many opportunities presented for new ownership to continue growth with minimal capital infusion.
Listing includes Equipment valued at $95,000!
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