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Businesses For Sale > Business For Sale in New Haven County, Connecticut (CT)

ISO-Certified Manufacturer for sale in New Haven County, CT

New Haven County, Connecticut (CT)

Asking Price: Gross: Cash Flow:
$ 1,350,000 $ 4,699,266 $ 310,910

Business Summary:
This ISO9001-certified manufacturer of precision Swiss screw machine products with multi-industry market positioning and value-added proposition to its clients differentiates it from typical metal fabricators and machine shops. Approximately 30% of revenues are generated from subcontracted work in synergistic arrangements with long-term partners. With its in-house manufacturing expertise and its subcontracting alliances, 350 clients look to this business as a one-stop shop for screw machine products produced by mechanical Swiss, Escomatic screw machines and CNC machines.

 

   
Year Business was Established: 1949
   
Number of Employees: 24 FT  
   
Facilities / Terms of Lease: Buyer has option to lease ($4,574/mo NNN) or purchase real estate ($650,000): 11,000 SF industrial building, zoned I (Industrial Park). The building has 1,400 SF of office and 9,600 SF of industrial/production area. 100% air conditioned, 600 amp electric service, 3 phase power, city water and sewer. Natural gas heat.  
   
Potential Growth/Expansion: Business generation relies on (i) external network of commissioned sale reps and (ii) seven-decade-long reputation for expertise in manufacturing parts to client specifications across a range of metals. Plant is currently operating with two shifts.  
   
Competition: Benefits from clustered and diverse manufacturing sector in Naugatuck River Valley.  
   
Owner willing to finance: $202,500 down/$135,000 for 120 mos. @ 9%/Other Financing  
   
Owner willing to train: Will train for 4 weeks @ no cost  
   
Reason for selling: This ISO9001-certified manufacturer now in its seventh decade of operation. Ownership shifted to a single decision maker in the second generation of the founding family (the “Seller”), who feels that Company’s stakeholders can be best served by a responsi  
   
Seller Reference Number: 3202-15560
BusinessMart.com Listing Number: 252016
 

 

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For more info contact:

Craig Sanford

Murphy Business & Financial Services
727-725-7090

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