Asking Price: $2,500,000 Gross Revenue: $5,500,000Cash Flow: $700,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $250,000 not included in asking priceFF&E: $1,300,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Experienced Metal Machining Buyers Only:
This 60 year old, well established $5.5+mm revenue precision machine shop is located in the City of Chicago. The Company produces products for non automobile industries such as high voltage electric, Pneumatics/Air, Marine, Elevator, Valve Liquid and Agriculture.
The Company specializes in precision machine parts such as screws, bolts, and other specialty parts. The Company uses only the highest quality manufacturing equipment such as Acme & Brown & Sharpe. In addition they have 15 CNC turning centers, lathes and machining centers. Headcount is around 40 employees.
The company is ISO qualified and has machines capable of making parts for the most cutting edge of new technology, but also keeps many of its older machines running to supply parts for any machine model. The Company prides itself on its competitive prices and attentive customer service.
Revenues were $4.936mm in 2017 and $4.75mm in 2016. The seller estimates revenues of around $5.5-6mm in 2018. Annual cash flows range from $670,000 to $800,000 for the past three years.
Interested buyers must be experienced in metal machining and allow the broker to verify their experience. Seller will not approve any buyers without current knowledge and experience. Ideal Buyer is someone looking to work with Seller over an extended transition period. Seller financing is available provided the Buyer is approved.
About the Business
Number of Employees:
Building Sq. Ft.:
Owned by Sellers
Growth & Expansion:
Seller has many growth and expansion ideas for the business.
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. See our
full Terms & Conditions.