Manufacturing: Coil, Wire & Custom Coating
Location Nevada,United States
Asking Price Range $250K - $500K
Gross Revenues $141000
Net Profit / Cash Flow $126000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2001
Number of Employees 4 - 5
Inventory 470000
Relocatable Yes
Number of Employees 4 - 5
Real Estate Leased
Training The owner has agreed to remain for a reasonable transition period to acclimate a new owner to the business.Key employees will most likely stay on after the sale. Part time employees work an average of 240 hours a year.
Reason for Sale Retire.
Description This business specializes in manufacturing high quality aluminum wire and coiling, fit for almost any engineering project. Their aluminum wires can be made round, flat, semi-hollow, square, lock wire, rectangular, voice wire or custom shaped. Each wire is anodized with an inorganic oxide finish. They also offer aluminum strip and ribbon conductors as well as aluminum coil and foil in all colors. The company uses aluminum for its lightweight quality, and anodizes their coiling so that it is untouched by age and undamaged in storage. In fact, this coating process renders the aluminum resistant to thermal shock, fatigue, cryogenic, vibration, corona, fungus, toxic and other forms of physical deterioration. With a well established unique product line the business is thriving and will continue to bring a new owner a steady income.
The current ownership of the business began in 1994 and has since then been run with both absentee and hands on approaches. This business offers a unique product that can only be obtained through their services, rendering the product as marketable on a global scale. The website is where much of the advertising for the business is conducted and has already been translated into German, Japanese and Spanish. With the constant growth in the engineering field the services and products of this company will predictably be increasingly requested in the near and distant future. The current profit margin is at 90% making this business an exciting investment for a new owner. The current owner is selling due to a wish to retire. For more information on this listing contact our offices today. An offer like this may not last long!
This company's gross revenues are generated from the manufacturing and sale of coil wire and custom metal coating. There are no competitors anywhere that can offer a product like this company has to offer. This gives them a global advantage and could prove to be an excellent business strategy. Asking $500,000. 50% Financing.
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