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Established, Well-Known, Quality Heat Treating Business
| Asking Price: | $1,700,000 | Inventory: | $85,000 ++ |
| Gross Revenue: | $4,200,000 | Real Estate: | $1,200,000 ** |
| Cash Flow: | $344,000 | FF&E: | $1,400,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This is a tool steel heat treating facility servicing the entire Chicago and Milwaukee area. It actively services a broad spectrum of businesses (Agri-business, construction, Gear mfg, Hydraulic and Airdraulic, Machine tools, Tool & Die, Stainless Steel, Power Tool Mfg). No customer represents more than 10% of annual sales. Committed to exacting standards, superior productivity and technological expertise, this metal heat treating business has been servicing the industry for more than 50 years. This facility operates 24 hours a day with full time inspectors on each shift to ensure quality, responsiveness and service. Computerized scanning assures complete process certification, flexibility, precise pattern control and repeatability. It took over 50 years to establish its unique place as the "one-stop, go to" heat treater in Chicago-Milwaukee marketplace. Outstanding ownership has insured that it has been carefully nurtured to meet the unique needs of 21st century metallurgy.
About the Business
Year Established:1952
Employees:26 full time -
Facilities:The 60,000 square foot facility is fully outfitted, offering a variety of atmospheric processing, as well as stress relief, tempering, carburizing, carbonitriding, induction and cryogenic processing.
Market Outlook and Competition:This is business well-known for its technical and metallurgical expertise. The micro-processor controlled state-of-the-art processing equipment, metal and superalloy capabilities and variety of processing under one roof are both unique and well known...they get the work others can't manage!
About the Sale
Reason For Selling:Health issues have lead to the need to retire
KEYWORDS: heat treating, business, manufacture, commerical machinery, industrial manufacture, metals
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