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Screw & Fastener MFG and Distribution Co

#26878
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Jeannette026-FINAL 4 LIGHT GRAY

Jeannette Engel
Union Bay Group
(206) 783-1717

Business Overview

Overview: The company is a highly-profitable manufacturer, importer, and distributor of quality set screws, as well as a wide range of other fastener sizes and types, mostly servicing U.S. markets.

 The company has numerous set screw sizes and styles in stock and is capable of manufacturing special types and sizes of set screws.

 The Company has 39 Brown & Sharpe single turret screw machines, 4 thread rolling machines, and 19 lipe bar feeders.

Financially strong performer, having increased its annual revenue to pre-pandemic levels in 2021, and projected to surpass those results in 2022, with sales above $3.4 million in the first half of the year

Products: The Company sells products to building construction firms, agricultural equipment manufacturers, as well as to operators in the Automotive and Aerospace Industry. The majority of the Company?s revenue (70%) comes from its distribution operations, while 30% comes from its manufacturing business.

The business markets and produces the following items:

 Slotted Set Screws

 Socket Set Screws

 Specials per Print

Transaction Details:

Having expanded the business and developed a strong brand that is widely recognized in the market for generations, the owner wants to retire and sell the company to a group that can continue on its tradition of success and take the company to the next level. The owner will be very flexible with transitional support.

Growth Opportunities:

 The Company has an opportunity to increase its marketing efforts as well as expand its sales team to target different industries and enter new markets.

 The existing client base and positive reputation allow the Company to target new markets, which may prove to be a lucrative business decision over the long term.

 The Company has a wide range of equipment, and its production capacity is not fully utilized yet.

 It has an opportunity to partner with U.S. based suppliers and manufacturers to further expand its product portfolio



Key Acquisition Considerations & Highlights:

 Exceptional Customer Support ? 85+ years of existence, their exceptional customer service and ISO 9001:2015 certification is proof of the high quality work that they do and the products they make.

 Wide range of items - provides clients with an unrivaled selection of different types and sizes of set screws, as well as U.S.-made and imported options.

 Highly Equipped Facilities - 25,700 SF facility with 39 Brown & Sharpe screw machines, 4 thread rollers, 19 lipe bar feeders, wide range of gauges, optical comparator and hardness tester to ensure product quality.

 Diverse Supplier and Customer Mix - a diverse mix of domestic and foreign set screw suppliers, as well as clients from different industries. Largest customer is 11% of the revenue.

Listing Details

  • SIC

    34, 50

  • Price

    N/A

  • Downpayment

    N/A

  • Adjusted Net

    $1,878,113

  • Annual Sales

    $6,380,687

  • Area

    National

Relocatable

Home Based

Franchise

Lender Pre-Qualified

  • A/R

    $728,354

  • Inventory

    $1,278,650

  • FF&E

    $37,000

  • Leasehold

    N/A

  • Vehicles

    N/A

  • Real Estate

    N/A

  • Other Assets

    N/A

  • Total Assets

    N/A

  • Included

    N/A

  • Current Liabilities

    N/A

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