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| You have accessed this listing information from the VR National database through: | This business is listed and represented by: |
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VR Business Brokers - Clinton, NJ 59 Old Highway 22 Clinton, NJ 08809 (908) 735-6357 www.vrica.com vr4061@vrbusinessbrokers.com |
VR Business Brokers - New Haven CT 941 Grand Ave 2/F New Haven, CT 06511 (203) 772-3773 www.vrnutmeg.com jeff@vrnutmeg.com |
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Business Listing Details |
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LISTING#: |
K0100: Manufacturing Precision Machine Shop |
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LOCATION: New Haven County |
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ASKING PRICE $275,000 |
AMOUNT DOWN $275,000 |
REVENUES: $337,979 |
DISCRETIONARY EARNINGS $90,785 |
TOTAL ASSETS $220,000 |
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| This specialty machining company in business since 1944 does primarily repeat business with manufacturers of capital equipment including plastics, wire cable producers and extruders. With a healthy balance sheet and niche business, this opportunity would be an excellent addition to other specialty machining companies seeking to expand their market, manufacturers looking to increase efficiency and lower costs by acquiring this outfit and doing work internally rather than outsourcing various jobs, as well as existing metal fabricators seeking to expand their business lines and open up new niche business markets through a relatively low-cost acquisition. The sale includes approximately $200,000 in equipment and $10,000 in inventory. The current owner is interested in staying on in a sales, marketing and labor capacity for a negotiable period of time and is willing to be compensated on a consulting basis. Huge potential for a new owner to facilitate rapid growth of sales by taking over operational responsibilities from current owner and freeing him up to focus on existing sales opportunities that are currently unaddressed. Flexible and favorable lease situation would allow for easy relocation or extended term at current facility. Transportable business; particularly attractive to another Connecticut based organization. | |||||
| Please Note: This list contains businesses that are offered on a co-operating basis by members of VR Business Brokers. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect. All listings herein are exclusive to the listing office as of the date of submission and have been accepted for publication subject to the cooperation between member brokers as executed and on file with VRBB. Assets Value: An estimate of the Fair Market Value by the seller. DISCR. EARNINGS: A combined estimate of Business Net, Compensation to Owner, Fringe Benefits, Interest and Depreciation Expense. Buyers, Sellers, and Brokers should be aware that all of the following businesses are not available to all types of agencies. |
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Contact:
Anthony E. LoCascio Phone: (908) 735-6357 E-Mail: vr4061@vrbusinessbrokers.com |
VR Business Brokers - Clinton, NJ 59 Old Highway 22 Clinton, NJ 08809 www.vrica.com |
| Listing Number: 41980042 | |
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