Manufacturer: Metal Plating & Finishing

Not Disclosed, CA
Orange County

Orange County


Asking Price: Annual Revenue:
Not Disclosed $6,000,000

Manufacturing: Metal Products


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RE: Manufacturer: Metal Plating & Finishing Broker: Gregg Tobin

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $6,000,000
Net Profit: $1,430,000
Cash Flow: $1,430,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: CA
Year Established: 1990
Employees: 8
BBN Listing #: 185820804
Broker Reference #: GBS 434

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Business Overview:

Gateway Business Sales represents an Orange County based leader in precious metal plating serving a specialized segment of the printed circuit board (PCB) industry. Its customer base consists primarily of mid to large-scale aerospace/military contractors and commercial institutions located primarily in California.

Investment Highlights:
• The company, operated by its founder for 30 years, has a stellar reputation by offering reliable expertise and providing superior customer service.
• The company’s skilled and loyal base of employees possess in-depth industry experience and extensive expertise in their respective specific disciplines.
• Recurring revenue stream: 95% rate of repeat business which ensures continuity of cash flows.
• The Company has developed a long-standing customer base of 96 active accounts primarily operating in California. In 2019, the top five accounts accounted for 55% of revenue
.
Revenue & Adjusted EBITDA
In 2019, Sales were $6 million with adjusted EBITDA of $1,430,000
• Update: Sales January -March 2020 $1,495,543 and EBITDA $348,000 which represents a 21% increase over the same period in 2019.
• The company has not experienced a drop in orders due to Covid-19.

Investment: The Company’s position in the market along with successful business history as well as sales growth will lead to different value perspectives among various investors. Thus, an asking price has not been established. Parties interested in pursuing this transaction will be required to submit a non-binding proposal detailing the preliminary valuation of the company and suggested transaction structure.

Property: The company’s 7,150 square feet facility owned by the seller is available for purchase with the business. The Seller will also offer a long-term lease to a new buyer/acquirer or the business can be relocated. Asking Price $1,500,000 (appraised value was $1,680,000).

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Property Features and Assets:

Property: The company’s 7,150 square feet facility owned by the seller is available for purchase with the business. The Seller will also offer a long-term lease to a new buyer/acquirer or the business can be relocated. Asking Price $1,500,000 (appraised value was $1,680,000).

Market Competition and Expansion:

The established business methodologies refined are expected to yield growth going forward. Management cites several opportunities to accelerate growth trends including expansion in other regions and more aggressive sales approach. Due to the excellent industry reputation, a material portion of the Company’s revenues are derived from repeat business and word-of-mouth referrals.

Reason for Selling:

Retire

Additional Details:

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

Relevant Links:

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