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Manufacturing And Distribution Business For Sale
Location North Carolina,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $2200000
Net Profit / Cash Flow $500000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1995
Number of Employees 10 - 19
Inventory $1230000
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Owned
Training Hands on training for 30 days, then phone support.
Reason for Sale Owner relocating out of state.
Description This established ISO 9001:2008 certified manufacturing/distribution company has enjoyed steady growth for more than 15 years. The company specializes in high precision CNC machining, CNC Swiss screw machine products and metal stampings. They also provide sub-assembly work and private label for OEM replacement/repair parts. They are not specific to just one industry.
The company bounced back from a tough 2009, brought on by the recession. The owner managed to turn the company back around by introducing new strategies to cut costs without sacrificing quality. Since, they have realized a 20% reduction in labor cost and greatly increased their capacities and bottom line. Their projected labor cost is to be about 15% to 18% annually. This is much lower than the industry average of 25 to 30%.
In 2010, the company did $2.2 million in sales and is currently positioned to do $2.8 million in 2011 without having to add additional equipment or work staff. This is done via picking up new accounts, clever outsourcing with overseas manufacturers, and stellar management. A major account was picked up in January 2011.
Only experienced manufacturing individuals or corporate investors need inquire. All personal information submitted must be verifiable.
Email or call Ben Bulot at 800-546-4160 for more information on this manufacturing and distribution business for sale.
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