Business For Sale Listing 144517
Metal Plating Business
Status as of Nov-21-2008 at 06:01 PM: Active
Business Summary
Motivated seller says it’s time to move on. This 35-year-old firm has current health department permits and is environmentally clean to nickel plate-manufactured parts. The 8 year old rack and barrel plating equipment can handle up to 9,000 pounds a day in this easy to run operation.
Mega Shine Plating’s operation is a critical step in the manufacturing of metal components. As an outsource team member for such firms as Fender Musical (the guitar folks) and Lubri Scientific, they coordinate their individual production schedules so that their client’s production line is not sitting idle and waiting on parts. Thus as a critical member of their customer’s supply chain, customer dependency prevents customer turnover.
The owner will carry half of the purchase price for the right buyer at prevailing interest rates at the time of close. The general manager who has 16 years of plating experience is willing to work with the new owner. Current management will also assist in the transfer of many long term clients to the new owner.
There is significant value in this business. The equipment is capable of producing 9,000 pounds of completed product per 24 hours of operation. At a retail rate of $1.40 per pound of finished work, this is an extraordinary opportunity for someone who wants a bolt on operation to an existing metal finishing operation or for someone who wants to grow a turn around and avoid the significant startup costs. Given the low down and seller financing this is an excellent entry-level opportunity into an industry that is once again growing.
Categories
Industry
Location
Financials
| Sales: |
Between $100 Thousand And $500 Thousand ($150,000) |
| Profits: |
Under $100 Thousand ($75,000) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Asking Price: |
Between $100 Thousand and $500 Thousand ($150,000) |
