37516- Custom Base Manufacturing & Fabrication

CA

37516- Custom Base Manufacturing & Fabrication
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Asking Price: Get Financing: $1,600,000

Cash Flow: $375,000

Gross Revenue: $1,098,000

EBITDA: $283,000

FF&E: N/A

Inventory: N/A

Lease Rate: N/A /SF

Established: 2002

37516- Custom Base Manufacturing & Fabrication

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Business Description

The company specializes in manufacturing its own brand of custom bases for elevating washing machines for commercial applications. Specializing in the industry makes this business recession resistant. Located in southern California, the leased 5,700-square foot facility has a production and warehouse areas. With nine employees the company has a proven track record supported by 15+ years of ongoing business. With its niche’ range of products and services, the marketing efforts focus on targeting distributors and installers, nationally. Last year, the company’s total revenue was $1,097,855 with Seller’s Discretionary Earnings of $375,000, rounded. Revenues have steadily increased and have now doubled from five years ago due to an improving economy. The owner has not made any growth efforts, the new owner would do well to target new dealers for machine brands to accelerate the growth. With a large customer base and solid reputation, the company continues to attract new customers while maintaining its reputation with existing ones.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,700
Lease Expiration:
N/A
Employees:
9
Support & Training:
The owner is available for a reasonable transitioning period and as a consultant afterwards if needed.
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(from currently available funds)
 
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IAG Buyer Division

Business Listed By:
Buyer Division

IAG

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