1247 Very Profitable Mold & Foundry Tooling Manufacturer

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1247 Very Profitable Mold & Foundry Tooling Manufacturer
Asking Price:
$970,000

Gross Revenue:
$1,200,000
Cash Flow:
$413,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$15,000
included in asking price

FF&E:
$7,000
included in asking price

Real Estate:
$550,000
not included in asking price

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Business Description

Very attractive, profitable manufacturing specialty services-type business in southeast Wisconsin for sale. Full-service mold, pattern, and tooling company serving customers throughout the US for 38 years. Annual sales income of $1.2 million, boasting annual owner's earnings of over $413,000, and having a long list of time-honored diverse clients make this a very good acquisition for astute buyers. Also, the company has long-experienced and skilled employees with key management to stay, great-conditioned equipment, good facility with option to sell or to lease, and bank financing is readily available to a buyer.
The molds, patterns, and tooling designed and manufactured by this company make it possible for their customers to manufacture products/durable goods, which mean they offer a specialty, but fundamental service to the manufacturing industry.

About the Business

Year Established:
1979
Number of Employees:
6
Real Estate:
Owned
Building Sq. Ft.:
10,700
Facilities:
The business premises/facilities are a one acre parcel of land, about 10,700 square foot building, one and two-story of production and office space, overhead loading doors, ample parking, 3-phase 480-volt electrical upgrade in 2014, new AC and roof in 2014, and new rear concrete driveway in 2014.
Website:
lakesbusinessgroup.com/business/1247-mold-foundry-tooling-manufacturer/
Market Outlook/
Competition:
Quality product workmanship, better pricing, high efficiency, great service with fast turn-around and on-time delivery, willing to be flexible and work with customers on their projects to make sure they’re done right, all provide a top-notch mold & tooling service that sets them apart from competition.
Growth & Expansion:
Significant expansion and growth upside is attainable for the right buyer wanting to take advantage of this established business platform to raise it to much higher levels. Please contact Broker for more details.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Seller is willing to execute a mutually acceptable transition support agreement in order to aid the buyer in success of the business
Seller Financing:
Will Consider With Qualified Buyer/Offer

Listing Info

ID:
1381657
Ad Detail Views:
1303

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Business Listed by

Tim Bullard

VR Lakes Business Group, Inc.
License# 936041

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