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Businesses For Sale > Business For Sale in Illinois (IL)

Profitable Manufacturer of Metal Cutting Machinery

Illinois (IL)

Asking Price: Gross: Cash Flow:
$560,000 $702,194 $152,583

Furniture and Fixtures Value:
$184,800 (included in the asking price)

Inventory Value:
$400,000 (included in the asking price)

Business Summary:
This well established, profitable business has shown consistent growth in sales supplying custom built gantry plasma/oxyfuel systems, remanufactured systems, retrofits, and service. Included in the purchase price is a full inventory of $400,000. With seven separate and distinct revenue producing streams, including new equipment, refurbished equipment, used machines, repair, parts, service and installation, as well as manufacturing of machine shop parts, this business has a good mix of customers, working with distributors, OEM’s, and end users providing a stable base of income. As a parts and service provider for NCG flame cutting machines and other niche services, this business has attractive gross profit margins of 38-40% and has experienced 10% growth per year. This company is positioned for continued growth through the addition of e-commerce. Owner will stay to ensure a smooth transition for a new buyer. For a solid, turn key business with stable income, excellent cash flow, and growth opportunity, please contact Kathy Beimfohr at Sunbelt Business Brokers, 773-243-1603.

 

   
Year Business was Established: 1992
   
Number of Employees: 4  
   
Owner willing to train: Seller to provide transitional support & training  
   
Reason for selling: Retirement  
   
Seller Reference Number: 3354
BusinessMart.com Listing Number: 40342
 

 

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For more info contact:

Domenic Rinaldi

Sunbelt Business Brokers
773-243-1603

CONTACT SELLER

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