Profile: Niche Contract Manufacturing - Poised For Massive Growth.
|
Ad/Listing Information
|
|
 |
| Status: |
Off The Market |
 |
| State: |
California |
|
| Location: |
Central California |
|
| Area: |
Central Valley Area |
|
| County: |
None Given |
|
| City: |
None Given |
|
| Primary Category: |
Manufacturing Related |
|
| Secondary Category: |
None Given |
|
| |
|
|
|
| Financial Information |
Detailed Information |
|
| Asking Price: |
$1,200,000 |
| Down Payment: |
$50% |
| Annual Revenue: |
$2,791,016 |
| Annual Adjusted Net: |
$130,000 |
| Price Range: |
$1 Million to $2 Million |
|
| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
|
|
|
Description:
|
► 57 Year Old Profitable Business
► 20,000 Sq Foot Operation
► Cheap Labor
► Specialty Niche Products
► Unbelievable Amount Of Equipment And Machines
► Massive Amount Of Finished Goods Ready To Ship
► Well Established, Long-Term Accounts
► Easily Expandable
Massive, Impressive And Poised For 100% Growth! With Over 20,000 Sq. Feet, This Precision Specialty Contract Job Shop Has Been In Business Since 1957 And Specializes In Manufacturing Very Niche Products Associated With The Medical And Agriculture Industries. They Have Had Contracts Building Many Of These Specialty Parts For 30 Years! The Real Advantage Of This Operation Is Its Labor And Facility Costs, Well Below Everyone Except Perhaps China. With About 40 Employees (Including A General Manager) The Amount Of Products This Company Can Produce Is Staggering. Walk Into Years And Years Of Built In Business (That By All Accounts Should Continue) And An Operation That Is Simply Begging For An Owner That Can Set Up A Marketing Plan. You’d Be Purchasing A Business That Hasn’t Advertised For Almost 50 Years! What Could You Do If You Actually Advertised??? What Could You Do If You Had 2 Outside Sales People?? The Company Has The Equipment, Facilities And The Labor To Destroy Most Competitors.
The Equipment (900K) And Finished Goods Inventory (500K) Is Worth Almost The Purchase Price. With (10) Wickman Multispindle Screw Machines (Up To 2 5/8”), (28) Brown & Sharpe’s Single Spindle Screw Machines, 4 Fadal Vertical CNC Machines, 4 Lathe Type CNC Machines And A List Of Lathe’s, Parts Washers, Microscopes For Inspections, Grinders, Fork Lifts And Delivery Vehicles (More Than We Can List In This Limited Space - See Profile) You Have Everything Needed To Manufacture Almost Anything For Anyone. There’s A Complete (Large) Room Full Of Taps, Dyes And Drill Bits. A Full Department For Building Custom Tooling. A Full Department Dedicated To In-House Repairs Of The Machines, A Full Scheduling And Client Relations Department. A Complete Purchasing And Production Department. A Full Accounting Department. And Finally, A Full Shipping Department. This Massive Operation Has It All. The Many Years Of Success Are Attributable To An Owner That Believes In Uncompromising Quality And An Attention To Detail And Getting The Jobs Out On Time… Period! This Massive Operation Currently Runs At About 55% Capacity, 2 Shifts One During The Day And One To About 11pm At Night And Could Go 24/7. A 2,000 Square Foot Building Is Currently Being Used For Car Storage And Could Be Turned Into Another Massive CNC Building (Electrical Is Ready). The Operation Should Be Iso 9000 Rated In Approx. 6 Months.
Facilities: Main Building At 11,000 Sq. Ft. Housing The Wickman And Brown & Sharpe’s. 6000 Sq. Ft. Building Running The CNC Operation. 2,000 Sq. Ft. Empty (Being Used For Antique Car Storage). Car Port For Delivery Vehicles. Easy Ingress And Egress With A Massive Parking Area. Lease Is Good For Several Years With Options At 8,800 Nnn Per Month. Very Reasonable For The Amount Of Space And Facilities (About 4% Of Sales - 2007)!
Growth Opportunities: Current Owner For The Last 10 Years Is A Machinist That Came Up From Operating The Machinery. His Forte Is Operations Not Management And Sales. He Has Basically Maintained Pre-Existing Accounts That He Inherited From The Purchase. The Company Needs A Full Marketing Plan With Someone That Understands That Process. With A Minimum Sales Effort And A Well Laid Out Plan, You Should Be Able To Realize At Least Massive Sales Growth In 12 To 24 Months.
Financing: Seller Will Carry Up To 50% For Qualified Buyer!
Reason For Sale: Owner Wishes To Spend More Time With His Family And A Daughter That Started Her Own Business.
Our Firm Has A Large, Detailed Profile On This Business- You Won't Be Disappointed!
|
|
