The Internet's Largest Business for Sale Marketplace

The Wall Street Journal Online

Precision Swiss Screw Manufacturer

New Haven County, Connecticut (New Haven County)

Mfg. - Electronic & Electrical Equip. | Mfg. - Fabricated Metal Products

Asking Price $5,000,000 Inventory $50,000* 
Gross Income $1,300,000 Real Estate $600,000* 
Cash Flow Not Disclosed Year Established 1973
FF&E $2,000,000* Employees 22

* included in the asking price

** not included in the asking price

This 34 year old manufacturing company is well noted nationally for producing the highest quality products in the specialized connector, medical and transducer component industry. 100% quality ratings are the norm. Customer list is impressive. This stock sale includes the real estate, all machinery and inventory. 22 highly skilled and very loyal employees with an average hourly rate og $19/hr. Revenue has been as high as $3,000,000 and appears to be returning as off shore projects have proven unreliable. Increased sales could easily be accommodated with a second shift.

Facilities: Precision Swiss Screw machines with extremely accurate capabilities, solid 8,500 sq ft facility on approx one half acre. All cams, drawings, tools and misc equipment.

Competition: Primary competition is from off shore. Due to the outstanding results and quality that this firm is noted for, and questionable results from off shore, business is returning.

Growth/Expansion: The production and secondary shops currently runs one shift. Another production shift could easily be added and the secondary shop can absorb the additional outcome.

Support/Training: There are three partners. Two wish to exit the business after a suitable transition period. The remaining partner is president and in charge of marketing and would prefer to continue with the business.

Reason Selling: Retirement

AD # 331886

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Read BizBuySell's Terms & conditions before responding to any ad.

-- Advertisement --