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Thursday, May 23, 2013
Business For Sale Listing 138644
Cast Iron Machining Company
Status: Off The Market
Business Summary
The company is a manufacturer.
Machinery & Equipment Appraised at $3,300,000
Real Estate Appraised Value $1,000,000
The company has grown machine-by-machine. Its present facility is 20,000 - 30,000 square feet.
Because of its niche and long-standing reputation, the company strongly benefits from word-of-mouth advertising. Therefore, the present ownership has not felt it necessary to utilize any sales personnel. However, the addition of a sales and marketing department or person would almost undoubtedly increase sales, which would help mitigate the excess capacity in the company's facility.
Categories
Industry
| Sector: | Manufacturing |
|---|---|
| Industry: | Machine Shops |
Location
| Classification: | United States // Midwest States // Michigan // Grand Rapids |
|---|---|
| Location: | West Michigan |
Financials
| Sales: | Between $2.5 Million And $5 Million (3,000,000) |
|---|---|
| Profits: | Between $100 Thousand and $500 Thousand (400,000) |
| Profit Type: | Cash Flow |
| Asking Price: | Between $2.5 Million and $5 Million (3,000,000) |