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Business Profile: Material Handling Equipment Parts Manufacturer
Mfg-Tool & Die Shop
Charleston N785-BL
Purchase Information
Financial Information
$5,500,000
$5,500,000
0
Not Included
Included
Not Included
Other Business Information
2006
N
N
N
Business Description
This company burns heavy steel sheet plate on plasma cutters, CNC Machines parts, smooths edging for the material handling industry. Typical clients would be fork lift manufacturers. The Seller started the business 13 years ago and is at retirement age. They own the real estate and are open to selling it or leasing it, approximately 25,000 SF located in a nice industrial park. Sales have been consistent in the $5M to $6M range yearly with cash flow ranging from 10% to as much as 20% of gross revenues. There is no formal asking price but the seller has price expectations of a 4.5 to 5 X Multiple of cash flow.
Please Note: All listings herein are exclusive to this listing office as of
the date of submission. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE
STATEMENT is signed by the prospect.
