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Specialty Products Manufacturing For Sale
Location Illinois,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $815550
Net Profit / Cash Flow $313444
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1933
Number of Employees 6 - 9
Inventory $880000
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Owner will train the buyer for 4 weeks at no cost.
Reason for Sale Retirement
Description This listing is for a well-established and highly profitable manufacturing company located in the northwest Chicago suburbs that is available to a qualified buyer. This business operates as a sheet metal fabricator and also performs close tolerance machining and manufacturing. A large percentage of their business comes from manufacturing proprietary products for the medical industry to large medical companies. This business offers a buyer a yearly income of over $320,000 with approximately $930,000 in assets to be transferred with the sale of the business. Over the past three years, their revenues and owner benefit have both shown dynamic growth as well. They have state-of-the-art CNC equipment and work with materials that range from stainless steel to plastics. The business has long been a fixture in the community and they have an outstanding reputation in their marketplace. They perform work for large, well-known companies and have a great working relationship with them. The real estate is not included in the asking price, but it is available separately for $850,000. The cash flow percentage increased in 2012 due to a restructuring of operating expenses. If you would like more information about this outstanding business opportunity, or if you would like to schedule a site visit, please contact the agent either by phone (770-886-5100) or by email. Asking Price: $ 1,200,000
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