Asking Price: $4,510,580 Gross Revenue: $3,572,456Cash Flow: $716,116 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $309,190 included in asking priceFF&E: $942,116 included in asking priceReal Estate: $1,005,175 included in asking priceShare 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.
THIS IS THE BUSINESS EVERY ONE DREAMS OF!
Sales and Profits are continually soaring out of the roof. In the last three years Owner’s CASH FLOW has INCREASED 98% FROM $358,888 TO $710,116. Their current backlog is $1,250,000 and has been at that level for over a year and it is anticipated to continue.
This amazing Company has a Stellar Reputation with their clients and is the a Business should be!
Recent Improvements include the addition of three new CNC Machines in the last quarter of last year, and they are in the process of obtaining another one at this time.
This is the EPITOME and PERSONIFICATION of a Manufacturer and Engineering Company that is ISO 9001:2015 Certified. Through its established processes and procedures, they deliver top quality parts to its customers every time. (A copy of customer quality rating can be provided) It has been in business for over 30 Fantastic Years, providing precision manufacturing of parts and services.
This company’s focus has been precision tooling for the munitions industry with several long term customers. Also has local manufacturing companies that it provides quick response to customer needs to support their production requirements.
They have updated CNC Mills and Lathes as well as Wire EDM capabilities to provide machining as required to your specifications. This shop also has OD/ID grinders and Surface grinders to hold tight tolerances and finishes as needed and, In house Heat Treat and Welding for all fabrication needs. They inspect parts throughout production and can accommodate special inspection requests. Their strict quality control procedures are carefully adhered to through the marking, packaging, and shipping processes as well.
They can produce parts from Castings by using a pattern or mold provided by the customer or has one made to produce the raw castings. They take the raw castings and deliver finished parts to customer prints.
They inspect parts throughout production and provide final inspection reports as required. If you have special inspection request they can accommodate as needed. Parts are packaged and shipped to ensure they reach the customer in a safe and secure manner.
This company runs parts from one off specialty to thousands on contracts that ship on predetermined dates that meet customer requirements. This allows the customer to have parts ready as prescheduled deliveries dictate.
Their capabilities include (but not limited to):
• CNC Milling - up to 4th axis
• CNC Turning - with milling
• Manual Milling
• Manual Turning
• Stock Sawing
• OD/ID Grinding
• Surface Grinding
• Wire and Sinker EDM
• Heat Treat
• Quality - CMM, and various other equipment to check threads, surface finishes and specifications as needed.
Types of parts and materials include (but not limited to):
• Precision Tooling - Munitions
• Electric Motor
• Local Manufacturing support Tools steels (includes Heat Treat and Finish)
• And various others
Raw Casting machined to finish specifications such as:
• Cast Iron
Reverse Engineer broken and worn parts:
They Support local manufacturing during times of breakdowns, including welding and turning bearing surfaces or gauges and tooling as needed.
This is a True Total Machine Shop. It is Super Stable and has the same customers for over 30 years. They have several long term purchase agreements.
They have 20+ employees with average tenure of 13 years. The staff has many years’ experience and understands the latest machining techniques available. They have the ability to write programs at the machine
About the Business
Number of Employees:
Building Sq. Ft.:
This is an amazing property that covers approx. 4 acres. There is a 17,000 sq. ft. building that houses the operation. The Manufacturing space is 15,000 sq. ft. plus 2000 sq. ft. of office space. It is all air-conditioned and heated. There is plenty of land for expansion. The building and property are valued at $1,005,000.
Closest Like Competition is 30 miles away but does not affect this company's clients.
Growth & Expansion:
This business could easily double. They are currently operating at 60% and could add more shifts. Also there is enough property to double the current plant size.
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.