Primary Category:Manufacturing Businesses for Sale
Secondary Category:Metal Manufacturing Businesses for Sale
This more than100-year-old company is a trusted leader as a supplier and manufacturer of new Machines and Machine Tools. Specializing in providing industrial mills, lathes, grinders, etc and their proprietary replacement parts, the Company has an extensive and diverse customer base. The Company also supports multiple product lines.
Having acquired several other product lines, the Company now boasts these notable brands along with their trademarks, specifications, technical data and drawings under one banner. Primarily due to the proprietary nature of the machines and parts sold, competition is limited.
The Machines produced have very long service lives and many customers choose to rebuild rather than purchase newer equipment from other brands thereby purchasing replacement parts from the company.
Quickly responding to customer challenges and issues, the experienced employees are responsive and customer focused. Most orders are able to be shipped out the next day, gaining the Company a reputation for swift and reliable service.
With stable revenues and low fixed overhead, the Company produces substantial and consistent income and free cash flow.
Financial Information
$6,000,000
Asking Price
$945,413
Cash Flow
$4,000,000
Gross Revenue
Business Location
City:
Cincinnati
State:Ohio
Reason for Sale
Retirement
Detailed information
Year Established:0
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 8
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:N/A
Inventory Included: Yes
Inventory Value:
N/A
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 20000
FF&E Included?: Yes
FF&E Value: N/A
Training/Support
Seller is willing to work with the new owner for a seamless transition.
Market Outlook/Competition
Proprietary Machines and replacement parts limits the competition which allows the Company to sell the unique parts at a premium price.
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