Business For Sale

Precision Tooling Company

Not Disclosed, IL
Lake County

Asking Price: Annual Revenue:
$500,000 $584,000

Manufacturing: Metal Products

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RE: Precision Tooling Company Broker: Steven H. Hamel
License #: 310001240

Quick Facts

Asking Price: $500,000
Annual Revenue: $584,000
Net Profit: Not Disclosed
Cash Flow: $106,400
Total Debt: Not Disclosed
FF&E: $265,000
Real Estate: Not Disclosed
Year Established: 1973
Employees: 5
BBN Listing #: 510535864
Broker Reference #: 8102

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Business Overview:

The business is a tool and engineering company with multiple CNC machines, grinders, flash chrome plater and a polishing station. The employees are fully trained in CAD/CAM software. The business produces laminates, core pins, cavities, etc. for the injection mold industries.
The owner wants to retire and play golf. He wants to sell the physical assets, customer list and protect his employees employment. We suspect a company looking to expand into the Northern Illinois market, expand their production capabilities, or add the capabilities of tool & engineering company may be interested in this opportunity.

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Property Features and Assets:

The building is a 5,200 square feet leased single storey with executive offices and a large production area. There is ample parking and the building is well maintained. A complete equipment list is available.

Reason for Selling:


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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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