OMAHA, Nebraska
| Asking Price |
$1,350,000 |
Year Established |
1992 |
|
| Annual Revenue |
$1,146,849 |
Reason for Selling |
Retirement |
|
| Annual P/L |
|
Attention |
|
|
| Annual Cash Flow |
$366,333 |
Listing Number |
937935 |
|
| # of Employees |
4 |
Business Category |
Manufacturing: Metal Products |
|
Business Overview:
The company was founded in 1992 and is located in Omaha, Nebraska, with a service area throughout the Midwest. This business fabricates precision parts for large machines used by large manufacturers. The client base is 100% B2B, made up of distribution centers, manufacturing facilities, and fabrication shops. The company works with various materials such as steel, plastic, and other metals to create these custom parts, each order is tailored to meet the specific requirements of the client, ensuring that the parts produced are a perfect fit for their intended application. There are four full-time machine technicians who are responsible for the production of custom precision parts. The facility is a spacious 3,440 square foot building that includes two bays for manufacturing operations and an office space for administrative tasks. The owners are responsible for administrative duties and have offered to stay on 1 year for a smooth transition before they enter retirement! They do not perform any labor. The purchase of this business comes with over $400,000 in assets, along with $119,497 in account receivable and a work in progress valued at $219,601.
Property Features and Assets:
<p>Machinery: $356,408</p><p>Equipment: $46,352</p><p>Working Capital: $79,497 • A/R: $119,497 – AP: $40,000</p><p>Work in Progress: $219,601</p>
Market Competition and Expansion:
<p>Growth Opportunities: Implement a marketing strategy and hire an additional machine tech.</p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity