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Business For Sale
MANUFACTURER OF WORK HOLDING TOOLS
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Asking Price: |
$700,000
USD USA Dollars
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Business for Sale Industry: |
Manufacturing: Metal Products
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Reason for Selling:
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Owner is looking to retire after 20 years |
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Year Established:
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1986 |
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# of Employees:
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19 |
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Yearly Revenues:
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$1,500,000 |
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Yearly Cash Flow:
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$240,000 |
Business for Sale Overview:
Metal fabrication and machining company utilizing state of the art technologies to engineer products for various industries including the machine tool, chemical, textile, power generation, plastics, electronics, automotive and aerospace industries. The plant is divided in areas for machining, welding, fabrication, assembly, cleaning, and preparation, and two automated lines for high quality painting.
Property Features and Assets:
60,000 sq ft Optimum facility size-15,000 at $4/foot and $3000 month utilities.
Market Competition and Expansion:
Due to the unique product line and services of this business, the company has no local competition. A potential buyer has several avenues to obtain growth with this company. The first would be to aggressively pursue more Government work. Another direction would be to market additional services to the current customer base.
Additional Details:
- 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 resale opportunity.
- This is not a distressed business or bankruptcy situation.
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