Ad/Listing Information
|
|
| |
| Status: |
Off The Market |
 |
| Location: |
Orange County |
|
| County: |
Orange |
|
| City: |
None Given |
|
|
|
|
| Financial Information |
Detailed Information |
| |
| Price: |
$4,000,000 |
|
| Down: |
Call |
|
| Revenue: |
$11,430,000 |
|
| Adj. Net: |
$1,051,000 |
|
| Relocatable: |
No |
|
| Home Based: |
No |
|
| Real Estate Included: |
No |
|
| Bkr To Bkr Coop: |
Yes |
|
| Franchise: |
No |
|
| For Sale By Owner: |
No |
|
| Asset Sale: |
No |
|
| Lifestyle: |
No |
|
|
Description Of This Orange County Metal Distributor Business For Sale:
|
The Company Was Formed In 1988 And Was Incorporated In 1997. The Founder, Determined To Provide Outstanding Quality, Service And Competitive Prices, He Saw The Need For A Local Company That Was Responsive To The Needs Of Aerospace And Engineering Firms. For Over Twenty-One Years, The Company Continues To Maintain Their Outstanding Reputation And Provides Its Customers Excellent Customer Service. As A Premier Metals Distributor, The Company Tactically Establishes Themselves With Their Clients As An “Outsourced Processing Department”. This Service Model Has Permitted The Company To Successfully Retain Clients And Poise Themselves For Additional Growth. In Addition, The Company Is A Certified To The Registered Quality Systems Iso 9001:2000 And As9120:2002. The Company Offers A Range Of Products And Services To Industrial, Aerospace, And Automotive Companies Throughout The Unites States. Offering Titanium, Nickel, Aluminum, Stainless Steel, Copper, Bronze, Plate, Bar, Sheet, Block, And Forging. Services Include Saw-Cutting, Trepanning, Heat Treating, Ultrasonic Inspection, Destructive Testing, Chem-Milling, And Grinding.
Financial Information:
Gross: 11,430,000
Cash Flow: 1,051,000
Furniture, Fixtures & Equipment: 400,000
Inventory: 1,200,000 (Not Included In Price)
Financing: The Seller Will Consider Terms For A Well Qualified Buyer.
The Valuation Expectation Is In-Line With Market Conditions At 4.0 Times Adjusted EBITDA Plus Inventory And Accounts Receivable. The Seller Is Open To Discussing Deal Structuring That Will Maximize The Profitability Of The Investment For All Parties.
Based Upon 2008 Ye Financials The Proposed Transaction Structure Would Be 6,450,000 Calculated As Follows.
Estimated Business Acquisition 4,000,000
Plus: Inventory 1,200,000
Plus: Accounts Receivable 1,250,000
Estimated Total Purchase Cost 6,450,000
General Information:
Facilities: Office – 2,500 Sq. Ft. Warehouse – 24,100 Sq. Ft. Monthly Lease: Approx. 18,422 Nnn Lease Terms: Expires 10/2012
Growth And Expansion: • (In Negotiations) “Metal Procurement Contractor” – 5 Year Contract With Potential Annual Revenue From 5 To 20M For Regional Department Of A Public Company (Currently Being Evaluated For 6 – 7 Other Divisions Worldwide) • (In Discussions) “Material Management” In Philippians – 5 Year Contract Projected At 1.2M Annually
Support/Training: The Seller And Management Understand That It Is In Both The Buyers And Sellers’ Best Interest For A Seamless Transition. The Seller Is Available For An Appropriate Period Of Time Following The Consummation Of The Transaction. The Seller Is Open To Negotiating An Employment Contract Or Consulting Agreement For A Period Of Time Suitable To Both Parties.
Reason Selling: The Principal Seller Is Interested In Pursuing Their Other Business.
Year Established: 1988
Employees: 10
Disclaimer: The Information Contained In This Sheet Was Obtained From The Company And Other Sources. None Of The Information Has Been Independently Verified By Meritage Partners, Inc. And Therefore No Responsibility Is Assumed By Meritage Partners, Inc. As To Its Accuracy Or Completeness. Meritage Partners, Inc. Do Not Make And Expressly Disclaim Any Representation Or Warranty, Expressed Or Implied, As To The Accuracy Or Completeness Contained Herein And None Is Implied. Meritage Partners, Inc. Is Acting Only As An Advisor To The Company And Is Not A Broker Dealer.
|
Metal Distributor For Sale And Orange County Region Related Links:
Orange County Regional News & Tips For Buying And Selling Businesses
 |
Bankruptcy Sale - 8 Locations - Sizzler Franchise Auction: Wednesday 2/29/12
National Franchise Sales has been retained by the bankruptcy Estates of FORBCO Management Corporation; FORBCO Sizzler Partners, LP; W&J Higgins Investments, LP and L&G Restaurants, LLC to sell eight (8) Sizzler franchised restaurants in Southern California on February 29, 2012. Call 949.428.0480 for more information. |
Orange County Regional Upcoming Events
|
FREE Live Workshop - How To Buy A Coin Laundry - San Diego - Saturday 2/18
Chuck Post, a coin laundry consultant and specialty broker offers this upcoming San Diego based seminar - FREE Workshop - How To Buy A Coin Laundry - San Diego - 2/18, Saturday - to potential business buyers of coin laundries. In his San Diego workshop you will learn what to look for and also what to look out for when you are searching and buying a coin laundry. Contact Chuck Post at (619) 227-5711 or Chris Mason at (949) 878-2755 for more info. |
Orange County Regional Businesses Wanted To Buy
|
Business Buyer Seeks Small Southern California Business To Purchase - Priced Around $100,000
I am looking for a small, easy to run business without a large amount of industry specific knowledge required. Small food carts, arcades, booking or talent agencies and other unique businesses are the ones I am most interested in. I am interested in the Southern California area, especially Los Angeles and the Counties closest to it. I am looking to spend under $100,000 unless a unique opportunity comes along. A net as low as $15,000 is fine. I currently live in Boston, MA and I am looking to move to California. I do not have any kind of pre-qualification yet. I am technically able and own an online business now. Please log into your BizBen Account for more details and contact information regarding this business buyer. |
|
Buyer Seeks Restaurant With Minimum $350K Annual EBITDA In Orange Or San Diego County
Experienced buyer interested in restaurant or retail assets that meet the following strict criteria: Restaurant in Orange County or San Diego County with minimum $350K annual EBITDA, minimum revenues of $1.1M to $7M, purchase price no more that 3.5X, the business open a minimum of 18 months. Cash available, can close fast within 30 days. Buyer contact information and details can be viewed by logging into your BizBen Account. |
|
Buyer Seeks California Food Or Beverage Manufacturer Generating Less Than $10MM In Sales
Buyer looking to purchase food or beverage manufacturer in California. Prefer a company that is in need of improved sales, marketing, and build out of distribution channels into additional markets and is generating less than $10MM in gross sales. Turnaround and distressed considered. Log into your BizBen Account for buyer's contact information and details. |
More Orange County Information For Buying & Selling Orange County Businesses
|
Save This Listing
