Cutting Tool Manufacture

Not Disclosed, IL

Asking Price: Annual Revenue:
$1,000,000 $626,000

Manufacturing: Metal Products

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RE: Cutting Tool Manufacture Broker: Steven H. Hamel
License #: 310001240

Quick Facts

Asking Price: $1,000,000
Annual Revenue: $626,000
Net Profit: $54,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $350,000
Real Estate: Not Disclosed
Year Established: 1975
Employees: 4
BBN Listing #: 86235864
Broker Reference #: 2005

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Business Overview:

Acknowledged within the industry as a leader in the manufacture of cutting tools for the industry they serve. This business has proprietory tools that are designed and manufactured which they alone supply. it is the quality of their product(s) that have built the reputation of the company.
The company strives for continual product and manufacturing improvements and it is because of advances in their manufacturing processes that they have been able to maintain their competitiveness.

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Property Features and Assets:

The business occupies a 8,500 square feet building with offices a large manufacturing area. Located in an industrial area in a town North of Chicago. The owner of the business is the landlord and will provide a lease.

Market Competition and Expansion:

The company stands alone in their specific area of supplying cutting tools. They are expanding into supplying cutting tools to end users who manufacture the end products. growth in this business comes with a good marketing program and expanding the markets they serve.

Reason for Selling:

Other interests.

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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