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Since its founding, GLACIER has established itself as the premier heat treating company in Southeast Wisconsin. GLACIER provides the solution in addition to the service.  GLACIER is an expert in all facets of heat treating and has the capacity and capabilities to grow. There is employee base is in place able to continue the tradition of quality for new owners. GLACIER has an impressive customer base and significant intellectual property that is also available.

Investment Highlights

• Company has a strong team and outstanding reputation in the market

• Impressive and loyal customer base

• Team of skilled workers

• Contracts with 2 customers tied to proprietary process and intellectual property

• Strategically located in Southeast Wisconsin

• Team is capable of running day-to-day operations of the business

• Significant growth opportunities

• Key intellectual property with significant value and ongoing royalties

MBBI Member
Asking Price
$500,000
Gross Revenue
$700,000
Cash Flow
$75,000
State(s)
Wisconsin
Metro Area
Milwaukee
Is this a franchise?
No
Home Based?
No
Can the business be relocated?
Yes
Number of Employees
7
Year Established
1989
Company Structure
C Corp
Reason for Selling
Due to the untimely death of the owner the company is being offered for sale.
Market Outlook Competition

The company has the ability to grow. It has established an excellent reputation and has through its intellectual property developed a strong presence in a niche market.

EBITDA
$75,000
Real Estate Included?
No
Equipment Included
Yes
Equipment Value
$500,000
Inventory Included?
No
FF&E (Furniture, Fixtures & Equipment)
$50,000
Cash Flow Comments

While there has been a slight slowdown in the business after the death of the owner, the business continues to operate and provide quality services to long standing customers. The related LLC which holds the intellectual property also provides annual royalties of over $60,000.

Gross Revenue Comments

The companies produced $900K of gross revenue for the fiscal year ended 10/31/15. This was prior to the death of the owner. It is expected that gross revenue for the current fiscal year will be in excess of $600K.

Name
John Kielich