$536,829 Profit, Broaching & Specialty Machining Business

Chicago, IL

Seller Financing Available

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Asking Price:$1,850,000
Gross Revenue:$1,757,538
EBITDA:$536,829
Established Year:1958
Cash Flow:$536,829
Inventory:$100,000
FF&E:$925,000
BUSINESS DESCRIPTION

We do every type of broaching, CNC, EDM, slotting, key-seating, and parts that make broach tooling. Broaching types: Blind, external, high speed, horizontal, keyway, internal shape, Pot, specialty, spiral, straddle, surface, vertical, and more. Long established clients range from auto, medical, defense, industrial tooling, consumer, tools and tool builders. This is 1st step stage for a manufacturing resurgence beginning again.50+ machining, recent equipment additions, ISO 9001 Certified


DETAILED INFORMATION
Location
Chicago, IL
Inventory
Included in asking price
Real Estate
Owned
Employees
15
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Real Estate priced separate from the business, 54,000 square feet, appraised at $2.65M, sold separate, goes with the business sale, No leasing option available, purchase only with business
Competition
Growing. 2,764 customers. 202 active repeats
Growth & Expansion
Growing, national marketing, International marketing, Purchasing managers, Business owners.
Financing
Typical SBA -5%-10% note to seller
Support & Training
30 days no charge, available after training as well.
Reason for Selling
Retirement and Age
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Charles
Howard
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Charles Howard