Close Tolerance Metal Manufacturing Co.

Not Disclosed, IL
Cook County

Northwest Suburbs


Asking Price: Annual Revenue:
$725,000 $1,178,381

Manufacturing: Metal Products


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RE: Close Tolerance Metal Manufacturing Co. Broker: Linda J. Purcell CBI
License #: 847-358-9404

Quick Facts

Asking Price: $725,000
Annual Revenue: $1,178,381
Net Profit: Not Disclosed
Cash Flow: $137,782
Total Debt: Not Disclosed
FF&E: $680,475
Real Estate: Not Disclosed
Year Established: 1955
Employees: 12
BBN Listing #: 13341232
Broker Reference #: 570892

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Business Overview:

This precision metal manufacturing company produces quality components and products. The company has established a history of on-time delivery to the firm's customers and retention of established customers is extremely good. Long term, skilled employees utilizing the systems in place on well maintained equipment result in efficient operations.

In the last few years have been relatively stable.

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Property Features and Assets:

The leased facility provides office space as well as a manufacturing plant designed to support both the power requirements as well as the weight of the equipment. The location affords easy access to multiple major highways, facilitating customer and vendor deliveries. The Owner estimates the company could be relocated within a 25 mile radius of its current site.

Market Competition and Expansion:

This company continues to serve long term, existing customers while adding new firms to its existing customer base. The firm's ability to consistently producing reliable precision parts has resulted in customers satisfaction and increased orders.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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