Precision/Investment Casting Foundry

Brownfield, ME

Seller Financing Available

listing image
Asking Price:$595,000
FF&E:$300,000
Established Year:2006
Gross Revenue:$275,000
Real Estate:$295,000
BUSINESS DESCRIPTION

Brownfield, ME (Oxford County) (Relocatable)

Castings Made In America

Modern lost wax, solid mold investment casting foundry for sale with land & building/machine shop sitting on six acres.
Proximity near North Conway, NH

Options on purchasing the business, building & land are as listed for $595,000 or
Lease the buildings (at $2500.00/monthly and purchase business only for $300,000

Present owners are nearing retirement and are seeking an energetic individual to carry on the very successful business that has a long history for high quality castings.

Presently we offer customers with a wide variety of copper based alloys

Numerous industrial applications
High end architectural hardware
Parts for Antique Auto & wooden boat
Castings for small scale railroad/steam enthusiast



This is an excellent opportunity for a talented new owner to have the benefits of the successful metallurgist who has been involved in the foundry industry for over 50 years and is looking forward to staying on as long as is needed for a smooth transition


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DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
2,749
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Equipment list will be provided upon request that includes Induction melter, Burn out oven, steam De-waxer, vacuum mixing investment etc. Too much to list here. Fully furnished office/ ample parking/ Main building built in 2006. Separate machine shop with Lathe and milling machine & vibratory finisher and a new add on in 2018 to the existing building for added assembly and inspection
Competition
Production for small to medium size orders untapped by larger companies, very little competition
Growth & Expansion
Our reputation for high quality castings enables the continued growth we are experiencing.
Support & Training
Metallurgical guidance & training in all departments Office/inspection/packing and shipping product
Reason for Selling
Preparing for retirement

BUSINESS LOCATION
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John Hildebran
John Hildebran