Turned product and screw, nut and bolt manufacturing

Rhode Island

Seller Financing Available

Asking Price:	$1,250,000
Gross Revenue:	$1,002,000
EBITDA:	$288,000

Cash Flow:	$400,000
Rent:	$2,000/Month
Established Year:	1945

Listing ID: 2099764Listing provided by BizBuySell

BUSINESS DESCRIPTION

Solid track record of providing skilled machining, fabrication, and engineering services
-Expertise in working with client specifications, creating custom solutions, and reverse engineering
-4,200 sq ft leased facility in a multi-use building
-Equipped with state-of-the-art CNC machines, lathes, and other support tools
-Serves a wide range of industries, including automotive, medical, military, and more
-Capable of processing diverse materials, such as cast iron, carbon steels, alloy steels, tool steels, brass, aluminum, stainless steel, super alloys, plastics, and cast products
-Offers prototype, short run, production run, and high volume services
-2 full-time employees, 1 part-time employee, and owner working 40 hours a week
-Sales price includes all manufacturing equipment, raw and finished inventory, customer lists, and drawings at the time of sale

DETAILED INFORMATION

Location

Rhode Island

Inventory

Not Included in asking price

Real Estate

Leased

Building SF

4,200

Employees

Facilities

The business leases 4,200 sq. ft. leased space in a multi-used building. All equipment used for manufacturing, raw material and finished inventory, customer lists, drawings, and intellectual property, necessary to operate the business is included in the sale. Equipment is used regularly and is in good condition.

Competition

Business has long-standing customer relationships. The business has several niches that it works in serving loyal, well-established, and new clients. There are other manufacturing companies local and nationally that provide similar services which can create competition.

Growth & Expansion

This company has the opportunity to grow and scale by increasing its number of employees. The business supplies several industry verticals and a wide variety of clients with a continuous need for new and repeat product and service offerings. Continued growth in one of its niche products can also increase the bottom line. This business is a perfect add-on acquisition.

Financing

Seller willing to carry paper for the right buyer

Support & Training

Current ownership is willing to stay on and work for the company for a year or longer to help successfully transition the business to a new owner.

Reason for Selling

The seller’s ability to grow the business is maxed out. Would like to see busine

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