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Metal Fabricator to Blue Chip Clients

UNION, New Jersey

Asking Price: Gross: Cash Flow:
$1,100,000 $2,000,000 $450,000

Furniture and Fixtures Value:
$750,000 (included in the asking price)

Inventory Value:
$450,000

Real Estate:
Negotiable, flexible lease available

Business Summary:
This well known 50+ year DIE CASTING manufacturing Company utilizes old world quality with cutting edge performance to obtain and retain orders WITH NO salespeople. Word of mouth travels fast when you deliver quality product on a timely basis. Adding salemen, distributors and promoting the business through the INTERNET, would tremendously increase the opportunities now flowing in their door. Adding inexpensive finishing and polishing equipment will increase profits as value added products.

Short runs and just in time orders, and Military specs limit Asian competition This is the only company in the area that runs more than one kind of metal product.

Excellent manager has been in place for 18 years and operates the plant independently when owner is traveling. 74 year old owner has more great ideas to share and is happy to spend time with the new owner. Owner has many other income streams and is interested in seeing his company grow under new ownership and will do everything necessary to help new owner achieve their goals.

THESE OLDLINE OPPORTUNITIES DO NOT COME ALONG OFTEN. Again, competition is minimal in this area, and this die caster is the only one to utilize more than one metal in his well run facility.

 
   
   
Year Business was Established: 1950
   
Number of Employees: 18  
   
Facilities / Terms of Lease: flexible  
   
Competition: No other in the state  
   
Owner willing to finance: Yes  
   
Owner willing to train: yes--absolutely  
   
Reason for selling: retirement at age 74