Wire Harness Manufacturer
The Company is a fully integrated wire harness manufacturer providing highly specialized services out of Michigan. This wire harness manufacturer is a high-margin producer that separates itself from its competitors with its vast customization capabilities and powerful equipment capacity. The owner of the Company is semi-absentee and has mostly passive involvement in the Company’s operations.
The Company’s main operations are from custom designed and engineered products, while also maintaining a dynamic suite of products. The Company is able to take customers through the entire production process from design to product termination. The Company additionally provides make to stock products, allowing it to serve a multitude of customers.
The Company is poised to grow by expanding into tangential and adjacent markets. The nature of the Company’s products allows it the capability to tailor components for modern and growing industries. This opportunity, coupled with the potential for product expansion provides tangible growth opportunities to a prospective buyer.
Day-to-day production is managed by a general manager as well as mid-level managers. These mid-level managers and supporting employees intend to stay with the Company long-term in the event of a transaction. The Business currently owns the associated real estate through a related 3rd party. The owner has expressed flexibility in regard to a sale or lease of the associated real estate.
Buyers will be required to have a minimum of $500,000 in liquid funds to be considered for this opportunity.
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Business Details
Location: Michigan
Number of Employees: 21 Including Owner
Reason for Selling: Ownership wishes to divest the Business to pursue retirement.
Limited Seller Financing Available
