Business For Sale

Precision Tooling Company

Not Disclosed, IL
Lake County


Asking Price: Annual Revenue:
$500,000 Not Disclosed

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: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $300,000
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 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:

Retire

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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