Business Summary:
Contract Manufacturer with superb reputation for quality work and customer service. Strictly B to B and in business 27 years. ISO compliant. Leader in contract manufacturing with full line services; engineering, design, manufacturing. Prototypes to fully automated machinery. Very strong demand for products associated with aerospace and military applications. Also manufactures for various non-defense industries. Domestic and international clients. Skilled long term employees. Incredible plant capacity; tools, equipment, machinery is currently producing substantial output with capacity for GROWTH. Town, county and state incentives for this technology manufacturing business. Outstanding opportunity. The company does not actively solicit new customers Owner willing to stay on for a successful transition. Key staff will stay on. . Asking price of $1.5 is composed of a 3X multiple of owner cash flow of $262,733($788,168); plus Works in Progress- projects near completion to be shipped within 90 days which will become receivables of the buyer (average $550,000 at 70% for $339,000); plus Excess Parts Inventory(finished products under prior purchase order that are later delivered to customers- $1,130,000 at 30%= $339,000. Over $500,000 of machinery and equipment are included in the sales price. Building available for purchase and offered by Vested Realty Group for $2.5m. WE ARE LOOKING FOR SERIOUS AND QUALIFIED BUYERS ONLY. Contact Joseph Stansky for more information.
|
|
|
