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Metal Working & Tool Manufacturer

New Jersey

Asking Price: Gross: Cash Flow:
$2,200,000 $7,600,000 $750,000

Furniture and Fixtures Value:
$1,500,000 (included in the asking price)

Inventory Value:
$800,000 (included in the asking price)

Real Estate:
$2,300,000 ( Available, not included in the asking price)

Business Summary:
This well known old line company is an ISO Certified, world-class producer of precision products serving private and government blue chip clients in North America. Company ideally suited for strategic purchasers.

Individual buyers should be comfortable in a General Management role. Excellent management in place.

Although industry familiarity is beneficial it is not mandatory. They produce machined parts for a diverse marketplace, including electronics, fiber optics, architectural hardware, medical, automotive, hand tools, communications, electrical hardware, appliance, telecommunications, computer hardware, military and ordnance.

Their superior quality products meet demanding finish requirements. Ownership has established and managed a dedicated work force primed for growth.

 
   
   
Year Business was Established: 1939
   
Number of Employees: 45  
   
Facilities / Terms of Lease: flexible, Real Estate avaiable for purchase  
   
Potential Growth/Expansion: Add salesmen & use Internet  
   
Competition: only a handful in the North East  
   
Owner willing to finance: yes  
   
Owner willing to train: yes  
   
Reason for selling: retirement