Established Manufacturing Company in East Valley
Asking Price: | $199,500 |
Inventory: | $175,000 |
FF&E: | $85,000 |
Gross Revenue: | $200,000 |
Rent: | $2,900 |
Established Year: | 2015 |
Great opportunity to acquire an established Metal Manufacturing business that focuses on after-market instrument panels for classic truck enthusiasts. This business was started in 2015 and has the ability to create classic car instrument clusters using premade guages from suppliers. The current owner inherited the business from a relative and just doesn't have the passion to grow it or take it to the next level. A qualified buyer will need to have CNC milling experience and some automotive understanding. Seller is looking to retire and is seeking a qualified buyer who can take care of long time customers. Seller does a lot of the manufacturing work himself and also has 1 part-time worker that helps out from time to time but will leave after the sale. Sales are mostly made through the company website and an Ebay virtual store. Good assortment of models and parts. Strong brand and packaging that is established in the market. A lightly used, Mazak Vertical Center NEXUS 43OB II CNC milling machine, drill press and other equipment is included in the sale along with approximately $175,000 worth of sellable inventory. To be clear, this business is valued on the assets and not the cash flow. It is breakeven currently. A buyer will need to replace the owner and there are no employees transferring with the sale. Good industrial park location in the Central East Valley. SERIOUS BUYERS ONLY PLEASE. This is a confidential sale and all inquiring parties will be required to complete a confidentiality agreement before receiving any more information.
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