Manufacturer & Distributor of Custom Tooling
| Asking Price: | $3,650,000 | Inventory: | |
| Gross Revenue: | $5,200,173 | Real Estate: | n/a |
| Cash Flow: | $742,807 | FF&E: | $1,000,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
The Company, with its excellent engineering capabilities, is a leading manufacturer of custom tooling, tool holders and boring bars with distribution from coast to coast. The Company also distributes machine tool accessories, carbide inserts and tool holders, as well as CNC rotary tooling for close to 100 manufacturers.
About the Business
Year Established:1986
Employees:24 full time -
Facilities:Company currently occupies a state-of-the-art 8,500 square foot portion of a 13,500 square foot building which houses the offices, manufacturing and warehousing operations of the Company. The building is owned by the owners of the business and is available for lease to a new owner.
Market Outlook and Competition:As the Company provides a unique specialty product and service, geography is not a limt and they have provided product to over 500 customers in every state and some foreign countries. As they provide an extremely proprietary specialty, there is not much direct competition.
About the Sale
Reason For Selling:Retirement
Seller Financing:Seller prefers cash or bank financing, but is open to discussion
KEYWORDS: manufacturing, machining, tool, cutters, engineering, distribution, tooling, machine CNC, distributor, manufacture, rotary
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