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Illinois Business For Sale |
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| PROFITABLE MANUFACTURER OF METAL CUTTING MACHINERY |
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| Attn: Domenic Rinaldi |
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| Chicagoland, IL, USA |
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| Asking Price: |
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$560000 USD USA Dollars |
| Business for Sale Industry: |
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Manufacturing: Machinery |
| Reason for Selling: |
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Retirement |
| Year Established: |
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1992 |
| # of Employees: |
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4 |
| Yearly Revenues: |
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$702,194 |
| Yearly Cash Flow: |
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$152,583 |
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Business for Sale Overview:
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This well established, profitable business has shown consistent growth in sales supplying custom built gantry plasma/oxyfuel systems, remanufactured systems, retrofits, and service. Included in the purchase price is a full inventory of $400,000. With seven separate and distinct revenue producing streams, including new equipment, refurbished equipment, used machines, repair, parts, service and installation, as well as manufacturing of machine shop parts, this business has a good mix of customers, working with distributors, OEM’s, and end users providing a stable base of income. As a parts and service provider for NCG flame cutting machines and other niche services, this business has attractive gross profit margins of 38-40% and has experienced 10% growth per year. This company is positioned for continued growth through the addition of e-commerce. Owner will stay to ensure a smooth transition for a new buyer. For a solid, turn key business with stable income, excellent cash flow, and growth opportunity, please contact Kathy Beimfohr at Sunbelt Business Brokers, 773-243-1603.
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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