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Turnaround Machining Company In Midwest For Sale

Midwest, US
Asking Price:
$900,000 Furniture / Fixtures included
Sales Revenue:
$2,778,227
Cash Flow:
Undisclosed

This Company, established in 1947, manufactures heavy-duty hydraulic cylinders and MRO (Maintenance, Repair, and Operations) parts for equipment used in heavy industry, as well as offering a wide range of general machining services including CNC manufacturing, welding, and manufacturing rotary distributors. The Company has expertise in manufacturing both custom and standard parts.

After 35 years with the Company, the owner is seeking to sell the Business in order to spend more time with family.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of non-disclosure agreements (NDAs) and sending of information for speed and efficiency.

You will be sent a link to our online nda. If you do not receive the nda link or a follow-up email after you submit your nda, please check your junk mail.

Once we receive your NDA, the Confidential Information Memorandum (CIM) will be sent to you will be sent to you from the advisor. They will be happy to correspond and answer your questions directly. Thank you for your time!

Property Information

Real Estate:

Lease

Lease Terms:

$22,000 per month : 43,000 sq ft

Leasehold Rent:

$264,000 per annum

Location:

Midwest

Premises Details:

The Company operates in a large manufacturing facility spanning approximately 43,000 square feet.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Growth Opportunities:
(1) Expand to Other Industries
(2) Improve OEM Products
(3) Collaborate with Clients to Improve Reliability

Competition / Market:

Investment Highlights Include:
(1) Unmatched Reputation
(2) Sustainable Revenue Stream
(3) Quality Products
(4) Industry Knowledge

Reasons for selling:

Ownership is selling due to health reasons and desire to spend more time with loved ones.

Employees:
14
Years established:
78

Other Information

Support & training:

Ownership is willing to provide reasonable and customary transition assistance.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Limited seller-financing is available for qualified buyers.

Furniture / Fixtures value:
$187,865 - included in the asking price
Inventory / Stock value:
$971,000
Distressed:
This business is a turnaround opportunity