Heavy duty service & repair center, precision machine shop
Location: Pennsylvania
Industry: Manufacturing > Metals Components Manufacturing
Financials
Gross Revenue: $1,085,000
Gross Revenue Comments: Estimated 2007
Cash Flow: $395,000
Cash Flow Comments: Estimated 2007
Inventory: $20,000 (Included in Asking Price)
FF&E: $500,000 (Included in Asking Price)
Real Estate: (Not Included in Asking Price)
Seller Financing: Will consider doing something based on buyer qualifications, the offer and the sale structure.
Business Summary
This leading company has had continuous profitability during their 5 years in business and has an excellent reputation for high quality products and outstanding service. The company is well known for its outstanding capabilities in the industry. They do both light and heavy job shop machining (50% milling, 50% turning) and fabrication as well as emergency parts and service. A high percentage of their customers are in the petrochemical and pharmaceutical industries. Today this company has 9 highly qualified employees with annual revenues of approximately $1,000,000. Their primary target market is the United States nationwide. The business has been built on relationships with key corporate clients that sub out light and heavy machining, specifically operations that involve horizontal boring and vertical machining & turning. This exciting business is profitable and there are very significant opportunities for expansion.

The current owner has decided to sell 80% of the business to create a new ownership arrangement where the company can grow and reach its full potential. The owner will help with the transition free for 30 days and is willing to stay for an extended period of time, under contract, to help with the running of the company. The seller is seeking to use his capabilities and connections to work together with an experienced buyer to allow the company to flourish. With specific capital additions, the company can be grown to many times its current size and profitability. The company has capacity to spare and is currently turning down significant business because of a lack of equipment for specific types of work. An ideal buyer could be a corporation currently outsourcing this type work that can use and sell this company’s current capabilities. The facility has 10,000 sq. ft. with space to move in larger equipment. The building is under a six year lease and is not for sale. This company is located in Southeastern Pennsylvania.
About the Business
Year Established: 2003
Employees: 9 full time - 0 part time
Facilities: Well located, modern 10,000 square foot plant. Lease expires in 6 years. Not currently for sale.
Market Outlook and Competition: The market is steady with a few competitors however service and quality has created a niche for this company.
About the Sale
Management Training and Support: 30 days free. Owner would prefer to stay on and help run and grow the business as part of the management team.
Reason For Selling: To find a well financed buyer so the company can grow and reach its full potential.

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Listing Tools
BizQuest ID:877346
Seller ID:CGPM5400
Business Listed By
Name:Bart H. Mosser
Company:The Casco Group
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