Precision Metal Stamping and Tooling Center

| Asking Price: | $4,000,000 | Inventory: | $512,960 ++ |
| Gross Revenue: | $5,089,000 | Real Estate: | $2,300,000 ++ |
| Cash Flow: | $596,000 | FF&E: | $1,450,400 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This company produces high quality metal components. They provide a full-serivce offering that includes innovative engineering design, value-engineering services, quick prototyping, manufacturing, packaging, Kan Ban parts scheduling, and much more. Their customer base ranges from companies manufacturing office, industrial, recreational and medical components. Throughout its history the company has had a single owner/manager who now wants to retire. The owner recognizes the engineering knowledge and design capabilities of the business, and the fully equipped operating faciltiy and its trained employees. The real estate, which consists of approximately 3.25 acres and 34,000 square feet of office and plant is available with the business. The company has 27 non-union employees with an experienced management team. Indications are that management and key employees are prepared for continued employment in the operation. The seller is offering the business as a stock sale for $4,000,000. To qualified buyers, he will provide $400,000 of seller financing. The land and building, with an appraised value of 2.3M are included in the asking price. The owner will consider a long-term lease agreement on the property.
About the Business
Year Established:1973
Employees:27 full time -
Relocatable:Yes
Facilities:The 34,000 square foot building is situated on 3.25 acres. There is enough room for a 26,000 square foot addition.
About the Sale
Reason For Selling:The owner is 67 and wants to retire
Seller Financing:For a stock sale, the seller will provide $400,000 of seller financing for five years.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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