High-End EDM Precision Mfg; No Price Competition

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Asking Price:
$4,750,000

Gross Revenue:
$2,218,315
Cash Flow:
$1,420,066
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$2,000,000
included in asking price

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Business Description

Equipped with the newest top-of-the-line EDM machines and 5-axis CNC machines, this high-end precision machine shop has built its reputation as being capable of meeting the strictest requirements of high-end customers from all industries including the aerospace industry over the last 18 years. As other machine shops are often not capable of meeting such requirements, this machine shop rarely has to compete on prices. If you want a business that does not complete on prices, this is a great opportunity. Selling because of owner retirement. Annual Gross Sales: $2,218,315; Adjusted Net Income: $$1,420,066; Asking $ 4,750,000. For Additional Information please contact Listing Agent Satoshi Kanuma 714-420-4097.

About the Business

Location:
Los Angeles County, California
Year Established:
2001
Number of Employees:
3
Real Estate:
Leased
Building Sq. Ft.:
5,000
Rent:
$5,300.00 Per Month
Lease Expiration:
11/1/2022
Facilities:
Leased location of 5,000 sq ft with a Total Rent of $5,300. Seller is active in the business with 2 FT employees and 1 PT employee. $2,000,000 FFE included in asking Price. $200,000 made in Leasehold Improvements.
Market Outlook/
Competition:
The business is capable of meeting the most strict requirements of high-end customers from all industries, including the aerospace industry, over the last 18 years. Other machine shops are often not capable of meeting such requirements and this machine shop rarely has to compete on prices.
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About the Sale

Reason For Selling:
Retiring
Training/Support:
1 Month
Seller Financing:
$4,250,000 DP; Balance SCN for 12 months at 6% interest.

Listing Info

ID:
1603399
Ad Detail Views:
0

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Business Listed by

First Choice Business Brokers San Diego

First Choice Business Brokers San Diego
License# 01525675

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