Asking Price: $670,000 Gross Revenue: $1,167,015Cash Flow: $167,686 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $274,500 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.
Our client company is a Northeast based stamping house serving the military, commercial lighting, automotive and retail display industries. The company provides metal stamping and aluminum extrusion fabrication to customers throughout the Northeast and on the west coast. The company also has a CNC milling and turning department, established to better serve their core customers. Customer relationships are long term and their work is mostly repeat in nature, commanding gross margins of 79%. The company is located in an industrialized area with easy access to a skilled workforce. The company’s skilled staff is tenured, but has plenty of work life remaining.
About the Business
Essex County, New Jersey
Number of Employees:
Building Sq. Ft.:
The company operates out of an 8,000-square-foot facility, owned by the founder.
In the 1990s many stamping houses in the Northeast closed due to overseas competition. This company thrived through diversification of sectors served and the addition of CNC machining to better serve their customers. This combined with superior quality and turn-around time have kept their customers loyally devoted for decades.
Growth & Expansion:
The company has 4 decades of history and goodwill with customer relationships ranging from 12 to 35 years. These strong relationships and repeat work are by far the Company’s strongest attributes. Also, the fact that they have the ability to do CNC milling and turning makes them unique among most stamping houses. The company does nothing however to promote their services. An acquiring entity can build upon the strong foundation with basic best practices in business development to increase sales.
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
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