Company history and ownership:

Steel Silhouettes was established in 1992. It is a business operation of GLE, Inc. GLE, Inc., a Washington State corporation, is wholly owned by me, Tim Dunn and my wife, Merry-Rae Dunn. Steel Silhouettes has sold to Costco, Sam's Club (a division of Wal-Mart,) Wal-Mart, various small business, and retail, both in shopping malls and on the internet.

Steel Silhouettes has grossed as much as $500,000 a year, and netted about 25%, but I haven't been able to do it justice in recent years. The company is inactive, and it's time for me to turn it over to someone with the health and energy to make use of the opportunity that the company provides.

Company products:

See www.steelsilhouettes.com for a sampling of our most successful products.

Reason for selling the company:

Owner's poor health. I have gout, anklyosing spondylitis, a fused ankle, high blood pressure, traumatic arthritis, and hypoglycaemia.

Steel Silhouettes' Assets:

Equipment:

An industrial-grade plasma cutting table with two 50 amp plasma torches that make it possible to cut two identical patterns at the same time, a computer and all necessary items to interface with the table control system, a 30" Timesaver widebelt sander, a 50 amp mig welder, a couple of spot welders, an oxyacetelyne torch, a hand slip roll, a finger brake (hand) 2- 2000# electric forklifts a , some big steel racks and other warehousing storage units, 2 pallet jacks, two compressors, 1-5hp. rotary and 1-10 hp. reciprocal, a phase adder (makes 3 phase out of one phase power,) a couple of bench sanders, and programs to create and translate patterns. Also included, a 30" x 24" skin packing machine, a 30" polybag sealer, a 14' box cube van with lift gate, and several sets of displays used for Costco shows. All equipment is industrial grade. Most of our products are powdercoated, and this is the only process that we outsource, and the only process for which we do not have equipment. This equipment is valued at $100,000 or more, based on cost.

Good Will:

Steel Silhouettes' biggest customer is Costco, and that business relationship is among the company's most valuable assets. We have also done business with Sam's Club and Wal-Mart, which of course are both part of the same company.

Copyrights:

We also have thousands of patterns on disc, which can be converted to .dxf format, and records about their relative popularity, based on geography. These patterns consist of actual instructions for the machine to cut, already translated into instructions for the cutting machine to follow. These patterns are copyright Tim Dunn, 1992 through the present, and are included as assets of the business.

Website:

An established and well-linked website with shopping cart system, www.steelsilhouettes.com. This website places well in the major search engines.

Training:

Offer includes complete training in all aspects of running the business, including running the equipment, using the software, and in dealing with Costco and Wal-Mart.

Inventory:

Steel Silhouettes has about $150,000 of inventory, valued at cost.

Price: $350,000

Contact:

If you would like details, please e-mail me, Tim Dunn, or call me at 360-652-4703. I have been asked if I wish to sell items of equipment or machinery. The answer is no, the company is for sale as a complete business only, from copyrights and goodwill through manufacturing, warehousing and retail equipement.