Financials |
| Price: $749,000 |
| Gross Income: $803,175 |
| Cash Flow: $98,031 |
| FFE: $500,000 |
| Inventory: $0 |
| Real Estate Value: $0 |
About the Business |
| Office Reference ID: #4181-429 |
| Year Established: 1997 |
| Financing: Up to 50% Owner financing available to qualified Buyers. Most businesses qualify for IRA/401K funding without penalty. |
| Training: Both owners are active in the day-to-day operation of the business, and they are willing to help transition this business to the new owner. |
| Facilities: The business is housed in an 8400 square-foot facility featuring an 1100 square-foot main office that includes a reception area, a sales office, a two-person design room and a small break room. An office in the manufacturing area houses the plant supervisor while a second serves as a programming room. The $3600/month lease includes taxes, Common Area Maintenance, and the use of the 5-ton, 2-ton and 1-ton bridge cranes that are part of the building. Terms will be negotiated with Purchaser. |
| Competition: Initial services include 3D Modeling, Product Analysis and Prototyping. The Design Phase features highly detailed 3D renderings and utilizes both Bridge and Production Tooling, and a Sampling service follows. An in-house tooling department enables the creation of most any custom product. This department utilizes CAD Modeling/Rendering/FEA, Surfacing and Cutter Path Packages, CNC EDM LeBlond Makino EDNC 65, CNC Vertical Mills, Surface Grinders, Inspection, Radial Drill Press, Mills, Cranes, and REIS Spotting Press. Services could easily be expanded to include Die Cast Dies, Contract Machining and Jigs and Fixtures. This operation has been in business for 13 years. The current owners’ winning formula for a high degree of quality, efficiency, competitive pricing and delivering on time has kept this company head and shoulders above the rest.
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| Growth: Current owners utilize up-to-date software for the design and programming needs of their clients and CNC equipment for manufacturing. New owners will want to keep up with current trends in the industry. Pricing is in line and competitive with others in the industry. Services could be expanded to include Die Cast Dies, Contract Machining and Jigs and Fixtures.
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| Business Listed By |
| Name: Tim Bullard |
| Company: VR Lakes Business Group, Inc. |
| Phone: 262-347-2083 |
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