Business Broker.Net | Connecting Business Buyers and Sellers

Asking Price:	$5,000,000 USD USA Dollars
Business for Sale Industry:	Manufacturing: Metal Products
Reason for Selling:	Retirement.
Year Established:	1973
# of Employees:	22
Yearly Revenues:	$1,300,000
Monthly Payroll:	$58,000

Business for Sale Overview:

This 34 year-old manufacturing company is well noted nationally for producing the highest quality products in the specialized connector, medical and transducer component industry. 100% quality ratings are the norm. Customer list is impressive. This stock sale includes the real estate, all machinery and inventory. 22 highly skilled and very loyal employees with an average hourly rate of $19/hr. Revenue has been as high as $3,000,000 and appears to be returning as off shore projects have proven unreliable. Increased sales could easily be accommodated with a second shift.

Property Features and Assets:

Precision Swiss Screw machines with extremely accurate capabilities, solid 8,500 sq ft facility on approx one half acre. All cams, drawings, tools and misc equipment.

Market Competition and Expansion:

Primary competition is from off shore. Due to the outstanding results and quality that this firm is noted for, and questionable results from off shore, business is returning. The production and secondary shops currently runs one shift. Another production shift could easily be added and the secondary shop can absorb the additional outcome.

Additional Details:

• The property is owned.
• The owner is willing to train/assist the new owner.
• The owner is 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.