Business For Sale

Stamping Plant in Lorain County

Not Disclosed, OH
Lorain County

Asking Price: Annual Revenue:
$426,000 $300,000

Manufacturing: Metal Products

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RE: Stamping Plant in Lorain County Broker: Peter Vadas

Quick Facts

Asking Price: $426,000
Annual Revenue: $300,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $292,410
Real Estate: $315,000
Year Established: 1968
Employees: 3
BBN Listing #: 613427889
Broker Reference #: Not Disclosed

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Business Overview:

This business was started in 1968 by the owner and he is ready to retire at age 80. There are 3 employees who continue to service 13 repeat customers. This year they have had 14 customers. They do stamping of quality precision parts. All of the equipment and real estate are included in the asking price.

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Property Features and Assets:

The building is 12,500 square feet and the real estate is included in the asking price.

Market Competition and Expansion:

This business no longer has sales reps or a website. It that were reinstituted, it would greatly increase business as it was up to a few years ago.

Reason for Selling:

Retiring at age 80.

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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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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