Manufacturer of Specialty Engineered Metal Parts

Not Disclosed, IL
McHenry County

Greater Chicagoland Area


Asking Price: Annual Revenue:
$3,300,000 $3,235,254

Manufacturing: Metal Products


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RE: Manufacturer of Specialty Engineered Metal Parts Broker: Larry Sanderman
Owner Financing is Available!
Up to 10%

Quick Facts

Asking Price: $3,300,000
Annual Revenue: $3,235,254
Net Profit: Not Disclosed
Cash Flow: $756,647
Total Debt: Not Disclosed
FF&E: $400,000
Real Estate: Not Disclosed
Year Established: 1983
Employees: 14
BBN Listing #: 247257220
Broker Reference #: 3N1142

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Business Overview:

The Company was founded in the back of a machine shop in the 1980’s by the current owner and a former partner. Today, the Company designs, manufactures, and supplies custom-made metal products for a wide variety of industries. The Company works with customers directly and also through distributors. Over 90% of manufacturing involves the Company’s special product designs, which utilizes their expanded in-house machine shop.

The current owner, who also acts as the Chief Engineer, is willing to stay on with new ownership. The Company is equipped with all company-owned machines, a fully trained and knowledgeable staff, and a 9,000 square feet well-maintained facility. The Company comes with strong opportunities for continued and accelerated future growth.

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Property Features and Assets:

The estimated value of FF&E is $400,000. All machines are company owned and will be included in the sale of the business. A complete list of these items will be provided as a part of the due diligence process. 2021 Inventory at Cost is $1,161,454. Inventory is ordered based on demand, machine parts based on customer orders. Owner currently is responsible for inventory orders.

Market Competition and Expansion:

Addition of more company-owned machines Expand sales and marketing efforts Establish and increase local distribution ISO 9000 Quality Certification

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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