Mfg of Precision-Machined Parts & Sub-Assemblies

Not Disclosed, IA

Iowa in a growing area

Asking Price: Annual Revenue:
$10,220,000 $6,000,384

Manufacturing: Metal Products

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RE: Mfg of Precision-Machined Parts & Sub-Assemblies Broker: Kelly Lorenzen

Quick Facts

Asking Price: $10,220,000
Annual Revenue: $6,000,384
Net Profit: Not Disclosed
Cash Flow: $2,107,247
Total Debt: Not Disclosed
FF&E: $3,700,000
Real Estate: $1,120,000
Year Established: 2005
Employees: 19
BBN Listing #: 76753881
Broker Reference #: 8371DJ

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Business Overview:

Recast Net Income for 2018 is $2,107,247 on Revenue of $6,000,384.

Description: The owners started this business thirteen years ago. This Iowa based
company is highly profitable with excellent margins. The precision
machined parts and sub-assemblies are manufactured for companies
located in multiple of states. The company occupies a 24,000 square
foot facility with space for continue growth. The company has
management in place with highly trained employees. The owners will stay
on for a smooth transition.

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Property Features and Assets:

Business is in a state-of-the-art 24,000 square foot facility with current CNC machines and some robotics.

Market Competition and Expansion:

Expansion opportunities could include: • Expand the current customer base. • Add another employee shift. • Enlarge facility, purchase more equipment and hire additional employees to meet demands.

Reason for Selling:

Prepare for retirement.

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.

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