Precision flat lapping & grinding mfg service company
Location: Illinois > Cook County
Industry: Manufacturing > Metals Components Manufacturing
Financials
Asking Price: $1,450,000
Gross Revenue: $1,186,096
Gross Revenue Comments: Tax returns 2006
Cash Flow: $446,855
Cash Flow Comments: EBIDTA 2006
Inventory: $40,500 (Included in Asking Price)
FF&E: $1,768,815 (Included in Asking Price)
Real Estate: $1,260,000 (Not Included in Asking Price)
Business Summary
Motivated seller has instructed us to adjust the selling price. After 30 years in business, he is ready for retirement.Two corporations,purchased at different times,provide the same service:Precision flat lapping & grinding of all types of materials(aluminum,brass,stainless steel, cast iron,teflon,nylon,plastic,glass,ceraminc,ferrous and non ferrous materials including irregular shapeed. Some of the additional services include flat lapping,double disc grinding,cenerless grinding OD and ID grinding and diamond polishing.Contact broker about the new pricing
About the Business
Year Established: 1975
Employees: 17 full time - 0 part time
Facilities: Manufacturing one story building.Full details are available.
Market Outlook and Competition: Good.
About the Sale
Management Training and Support: Yes,seller will train in all aspects of the business for a reasonable time.
Reason For Selling: Retirement.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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