Cutting Edge Industrial Design & Prototyping

Cincinnati, OH
Hamilton County

North Central Cincinnati


Asking Price: Annual Revenue:
$518,861 $1,216,573

Manufacturing: Non-classifiable


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RE: Cutting Edge Industrial Design & Prototyping Broker: Mike Lohbeck
License #: CBI
Owner Financing is Available!

Quick Facts

Asking Price: $518,861
Annual Revenue: $1,216,573
Net Profit: $214,613
Cash Flow: $214,613
Total Debt: Not Disclosed
FF&E: $367,450
Real Estate: Not Disclosed
Year Established: 1984
Employees: 12
BBN Listing #: 356062772
Broker Reference #: 08152101.1

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Business Overview:

This cutting-edge Company provides design development support and solutions to a wide variety of Fortune 500 clients by providing them with high quality model making services that give their designs the best opportunity for success. From traditional handcrafting techniques to utilizing state-of-the-art 3D processes, the Company strives to provide the most believable models for applications in conceptual studies, design validation, marketing samples, and engineering.

Key Strengths or Product Focus:
Turnkey operation, consistently profitable, with tremendous upside potential
Established, long-term, recurring revenue from S & P 500 clientele
Excellent facility layout and location, near major highways (relocatable)
10+ Long-term, experienced design engineering employees

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Property Features and Assets:

Conveniently located in the northern part of Cincinnati, Ohio and offers convenient access to I-75, I-71 & I-275. The facility sits on 3.711 acres and the space is approximately 10,750 square feet, of which 20% is office space and 80% is design, warehouse and storage space. The current lease expires January 31, 2022 at a rate of $6,302 per month. Included in the lease is a right to extend the term for an additional three (3) years.

Market Competition and Expansion:

There are three main competitors in the design and modeling space in Cincinnati, Ohio. Their top competitor has a material presence in the Cincinnati area. The business provides color exploration services and specializes in custom finishing. However, they do not complete models from start to finish. Their second largest competitor specializes in 3D printing, but is not a traditional model maker. They also compete with a full process model maker. Of the competitors listed, this is the most comparable business.

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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