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Thursday, October 23, 2014

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Cast Iron Machining Company

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.


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