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The Company:
This ISO 9001:2000-certified company offers hydraulic radial rivet peeners, hydraulic rivet staking machines, computerized numerical control equipment, micrometers, gage blocks, laser cutters, hydraulic and mechanical press, metal muncher ironworker, and spot, tig and mig welders. Its clients range from Delphi automotive to Fisher dynamics and Fauercia Automotive Seating. It is an S Corporation with two principle shareholders. These two owners share the company’s day to day management duties as well as its sales activities. The company has no outside sales representation.
Highlights:
2009 Sales $4,200,00
2010 Sales Estimate $5,000,000
Four Year Avg. EBITDA 1.05 Million
$55.00 Hr Shop Rate
24 Employees / Non-Union
$20.00 Avg. Hourly Shop Pay
5 Buildings totaling 47,000 sq ft
Primary Sic Code 3999-59 Prototypes (Mfg)
Please refer to listing ID: 10901J
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| Industry: |
Manufacturing |
| Industry Segment: |
Metals Components Manufacturing |
| Geography: |
United States > Michigan |
| Asking Price: |
$3,000,000 |
| Gross Revenue: |
$4,200,000 |
| Cash Flow: |
$1,050,000 |
| Cash Flow Comments: |
Four year average EBITDA |
| Value of Equipment: |
$2,000,000 (Included in Asking Price) |
| Value of Real Estate: |
$2,000,000 (Not Included in Asking Price) |
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| Number of Employees: |
24 full time - |
| Mgmt. Training/Support: |
As needed |
| Reason For Selling: |
To persue other business interests |
| Facilities: |
5 Buildings totaling 47,000 sq ft |
| Market Outlook/Competition: |
With no outside reps this company has consistently achieved significant sales. The company is lean with most employees task cross trained. Provided its skilled workforce, extensive machinery & equipment and strong customer base this company is an excellent acquisition or merger prospect. |
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| Email: |
info@companyconnections.net |
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