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847-358-9404847-358-9404
847-241-0004

This established precision metal manufacturing company enjoys a reputation for quality products and on-time delivery.  The companies retention of established clients is extraordinarily good. Revenues and earnings are on the rebound from the downturn the U.S. economy experienced in the last few years.

Gross Revenues for the company’s Fiscal Year Ending August 31, 2014 were $1,333,062 with Seller Discretionary Earnings of $207,420.

This company has generated $1,436,118 in revenues in the operation’s most recent  fiscal year (September 1,  2015 through August 31, 2016).

This is a definite increase from the revenues for the prior fiscal year ending August 31, 2015 when revenues totaled $1,254,403.

MBBI Member
Asking Price
$825,000
Gross Revenue
$1,436,118
Cash Flow
$128,467
State(s)
Illinois
Metro Area
Chicago Metro Area
Is this a franchise?
No
Home Based?
No
Can the business be relocated?
Yes
Number of Employees
12
Year Established
1955
Company Structure
C Corp
Facilities
The leased facility offers office space combined with a manufacturing plant designed to support both the power requirements and the weight of the equipment. The location affords easy access to multiple major highways, facilitating customer & vendor deliv
Reason for Selling
Retirement
Market Outlook Competition

This Close Tolerance Metal Manufacturing Company produces precision parts for a variety of industries, with two of those industries anticipating continued growth. Industry reports forecast growth over the next four years for metal manufacturers. This company continues to serve long term, existing customers while adding firms to its existing customer base. The Owner believes the majority of this firm’s competitors survived the recession due to the very nature of the specialized, close tolerance, metal manufacturing they produce. The typical machine/job shop does not fall into the category of competition.

Management Support
The Owner will provide training and transitioning for one month as part of the purchase price and will consider working for the new Owner for six to twelve months with a satisfactory employment agreement.
EBITDA
$128,467
Real Estate Included?
No
Equipment Included
Yes
Equipment Value
$680,465
Inventory Included?
Yes
Inventory Value
$59,000
FF&E (Furniture, Fixtures & Equipment)
$680,465
Cash Flow Comments

Fiscal Yr Ending Aug. 31, 2015

Name
Linda J. Purcell CBI