Business For Sale Listing 151871
Metal Casting Foundry with Real Estate
Status as of Dec-4-2008 at 06:00 PM: Off The Market
Business Summary
Our Client is a very active green sand casting operation focusing on manganese steel, carbon steel, stainless and low alloy steel enjoying success and growth for over 20 years. The functions of sales, production, pattern storage, distribution, and administration are all performed from one West Coast location with a single shift capacity of over 160 tons per month. The industry niches and customers served have strong loyalty. These transferable relationships and the stellar reputation of the Company reinforce continuation as a primary "go to" supplier. The customer base is NAT'L with consistent ongoing reorders making up a considerable amount of revenues.
The facility, owned by the Sellers, is included consisting of two connected single level buildings with mezzanines. The buildings combined have ~34,000 sq/ft housing the production and administrative functions. The asset list is extensive. In addition to the melting furnaces, the asset inventory includes everything needed and beyond for producing castings from 1 pound to 2,000 pounds. From cranes to an overhead sand system to a computerized spectrometer; the production assets are current and kept in excellent repair.
No active sales effort is made. Revenue is derived from repeat sales in the form of reorders and long standing relationships. Customer or supplier dependency is well diversified over many industries.
The Company operates a single shift and has excellent growth capacity to produce and deliver product quantities above current levels. The Company is stable, profitable and two decades old with strong growth potential within the current customer base and in their core field of expertise.
The Seller will provide a transition period over several months as part of the purchase and would be interested in providing ongoing consulting services. These services would be negotiated based on the needs of the new Owner.
Categories
| Industry: |
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| Location: |
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Industry
Location
Financials
| Sales: |
Between $5 Million And $10 Million ($5,967,086) |
| Profits: |
Between $1 Million and $2.5 Million ($1,398,638) |
| Profit Type: |
Earnings Before Interest, Taxes & Depreciation (EBITDA) |
| Asking Price: |
Between $10 Million and $15 Million ($8,000,000) |
