THE Business for Sale Marketplace

Asking Price: $400,000

Gross Revenue: $1,321,000

Cash Flow: $324,500

FF&E: $350,000 (Included in Asking Price)

Since 1969 this company has provided outstanding service to its customers, specializing in secondary machining for the cold headed industry. They also do internal-drilling and tapping, external shaving and grooving, and pointing. The customer base consists of general manufacturers, automotive, truck assembly housing and to a lesser extent fastener distributors. Located in the Chicago Metropolitan area, this prime location is well suited for the cold headed metal work industry.
Operating two shifts with an exceptionally experienced production workforce and management team, the company has earned an outstanding reputation for quick turn around time and quality work.
The company has a very loyal customer base with 95% of their sales being repeat business. The have done little marketing or advertising and have relied primarily on word of mouth advertising to promote new business.
There is remarkable opportunity for growth with this company. A solid, consistent marketing program, coupled with inside salesmen or outside commissioned sales reps, along with other areas of development will enable a new owner to push the sales up to the next level. The company is positioned with the equipment and staff to produce $2 million in sales revenues with exceptional profit potential. With the addition of a small third shift, sales could exceed $ 2.5 million.

Year Established: 1969

Employees: 35 full time -

Relocatable: Yes

Facilities: 9,500 Sq. Ft

Management Training and Support: Negotiable

Reason For Selling: Retirement