Asking Price: $1,250,000 Gross Revenue: $1,937,589Cash Flow: $312,459 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $135,000 included in asking priceFF&E: $910,000 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.
Twenty five years of operation. High quality CNC milling and CNC turning. Fifteen employees. Detailed equipment list including Haas, Mori Seki. Major materials processed include aluminum, stainless, Ti, and various performance plastics. Unusually strong inspection capabilities for a company this size. Major end markets are technology and consumer.
Three owners positioning for retirement. Real estate also available (multiple tenants).
Who should buy this business?
A. Strategic buyer seeking additional capacity.
B. Defense related CNC business who wants to add non-defense business legs.
C. Out of state buyer targeting a base in strong Rhode Island manufacturing economy.
Asking price is $1,250,000 plus four percent commission on to-be-released new programs (can provide detailed list) which potentially can add $500,000 to $1 million or more revenues annually.
Lender to business wants to work with interested parties.
Asset base very strong.
Good quality financial statements.
About the Business
Number of Employees:
Building Sq. Ft.:
Two story L shaped building. Large glass windows on front exterior. Over fifty parking spaces.
Similar CNC based business models generally focused on defense and lacking this levelof inspection capabilities.
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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