20yr old Mfg Biz $215K 3yr Avg Net for $600K w/Real Estate!

Moore, OK (Cleveland County) (Relocatable)

Seller Financing Available
20yr old Mfg Biz $215K 3yr Avg Net for $600K w/Real Estate!
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Asking Price: $600,000

Cash Flow: $300,000

Gross Revenue: $900,000

EBITDA: $215,000

FF&E: $400,000

Inventory: $10,000

Real Estate: $175,000

Established: 1993

20yr old Mfg Biz $215K 3yr Avg Net for $600K w/Real Estate!

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Business Description

OK CNC Mfg Business with 3yr 20% Growth and $215K Net Income on $800K Sales!
This cashflow positive 20 year old company is a regional competitor in mfg'd oil & gas parts. Business has seasoned Programmer/Manager and 3 FT employees/3PT with very low operating costs per industry standards. 3-year net margins have averaged 25%+ with 2019 projected sales of $1M. The company is in a very strong position to grow 20-30% annually due to the growth of several key customers and dynamic regional economy. There are also strong opportunities to develop new business in neighboring states as well. The business is only a few miles from major interstate and highway arteries with very low cost of living, minimal competition and existing skilled labor force. The owner will provide extensive training and support during the transition. The business is priced at $600,000 including over $400K equipment, $10K inventory and 8000 sq ft bldg. on 2 acres. SBA financing with 10% down for right buyer! Please call or email Jay Shrewder today for more information 918-230-9813 as this op won’t last long!

Detailed Information

Location:
Moore, OK
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
8,000
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
8000 sq ft metal bldg with ofcs and all HVAC floor
Competition:
regional comp
Growth & Expansion:
could be moved to Tulsa OK to better serve largest customer
Financing:
15%
Support & Training:
30 days
Reason for Selling:
Focusing on other business holdings
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Jay Shrewder

Business Listed By:
Jay Shrewder

Global Business Brokers LLC

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