Established Custom Furnace Equipment Manufacturer in Michigan
Financial Details
- Asking Price:
- $500,000
- Annual Revenue:
- $1,100,000
- Cash Flow / SDE:
- $100,000
- Profit Metric:
- EBITDA
- Valuation Multiple:
- 5.0x
- Location:
- MI, US
- Source:
- Date:
- October 07, 2025
Key Highlights
Description
This is a well-established industrial equipment manufacturer with 93 years of operational history, specializing in custom-engineered furnace systems. The company serves diverse applications including copper brazing, bright annealing, and exothermic atmosphere generation. Renowned for its precision craftsmanship, competitive pricing, and responsive service, it boasts a loyal customer base of over 100 active accounts, with an impressive 80% repeat business rate. A significant 25% of revenue is generated from international customers. The business is supported by deep industry expertise and strong, long-term customer relationships. The manufacturing process balances efficiency with customization, underpinned by rigorous quality control and realistic lead times. The company's reputation for reliability and tailored solutions positions it for continued growth, with opportunities in increased marketing, production automation, and expansion beyond the automotive sector. The business operates from a leased 9,600 sq ft facility and includes $100,000 in FF&E, with inventory valued at $33,000 (not included in asking price). The owner is retiring and will provide transition support.
Industry Information
- Industry Description:
- custom-engineered furnace systems
- Classification:
- Manufacturing
Operational Snapshot
- Year Established:
- 1932
- Reason for Selling:
- Retirement
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $3,667 USD
Assets & Inventory
- FF&E Value:
- $100,000 USD
- Includes FF&E:
- Yes
- Inventory Value:
- $33,000 USD
- Includes Inventory:
- No
Broker Contact
- Name:
- Joseph Hige
- Company:
- Hige Consulting LLC
Listing Details
- Listing ID:
- a5a75701-2acd-4378-82f0-8017bc921612
- Source Listing ID:
- 2422116
- Deal Status:
- For Sale
- Last Updated:
- October 07, 2025
- Currency:
- USD