Highly profitable 34-year-old metal polishing company

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Asking Price:
$3,000,000

Gross Revenue:
$2,034,000
Cash Flow:
$865,800
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$20,000
included in asking price

FF&E:
$275,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This is a great opportunity to take over a 34-year-old metal polishing and finishing company that services the Chicagoland area. The company has a great reputation and has done very little advertising in the last five years but sales continue to grow. The founder and current CEO is now ready to retire. A new owner will step into a very well established and highly profitable business with all the customers and seasoned staff in place. This business is located in the NW suburb of Chicago. If you are looking for an established business with long-term clients, long-term staff and Great Cash Flow, inquire today as this business will sell fast! This business has been pre-qualified for SBA financing.

• Annual Revenue: $2,034,000
• Annual Cash Flow: $ 865,800
• Selling Price: $ 3,000,000
• Assets Included: $ 295,000
• Owner’s reason for Selling: Retirement

About the Business

Location:
Cook County, Illinois
Year Established:
1985
Number of Employees:
15
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About the Sale

Reason For Selling:
Owner would like to slow down and retire
Training/Support:
Owner willing to stay on for a smooth transition

Listing Info

ID:
1643508
Ad Detail Views:
0

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Business Listed by

Jim Beno

Business Broker Experts Inc.

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