This ISO certified business has been established for over 50 years and has been consistently profitable. The company is a contract manufacturer of metal stampings and serves a wide variety of industry types from electrical services providers, to appliance manufacturers and automotive component manufacturers. This business serves as an extension of their customer's engineering/manufacturing departments.
Financial Information
$3,400,000
Asking Price
$5,100,000
Gross Revenue
$240,000
Down Payment
Yes
Financing
Business Location
City:
Confidential
State:Illinois
Financing Comments
Will consider some seller financing to qualified buyers.
Reason for Sale
Owner to retire
Detailed information
Year Established:1920
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 17
Part-Time Employees:5
Contractors:N/A
Owner Worked Hours/w:N/A
Adjusted EBITDA:
$600,000
Inventory Included: No
Monthly Rent:
N/A
Real Estate Available: Yes
Real Estate Included: Yes
Real Estate Value:
$900,000
FF&E Included?: Yes
FF&E Value: $1,900,000
Training/Support
A training and transition plan will be developed between the owner and buyer based on need.
Facilities
The building is one story with over 20,000 sf of manufacturing space and 2,000 of office space.
Market Outlook/Competition
There are opportunities to grow the business based on its reputation and development of a sales and marketing strategy to increase the customer base. Admittedly, the current business leader focuses on operations not new business development.
Real State Description
The building is one story with over 20,000 sf of manufacturing space and 2000 sf of office space.
This successful, profitable business manufactures and fabricates products used in kitchens and bathrooms for builders, remodelers and distributors. The business...
This well-established business has fabricated weldments for OEM customers. Company also manufactures and markets proprietary capital equipment. Company has many...
.jpg.jpg)
Save