37518- International Importer in Tennessee

TN (Relocatable)

Seller Financing Available
37518- International Importer in Tennessee
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Asking Price: $1,500,000

Cash Flow: $254,000

Gross Revenue: $1,876,000

EBITDA: N/A

FF&E: $50,000

Inventory: $300,000

Real Estate: N/A

Established: 2001

37518- International Importer in Tennessee

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Business Description

The company specializes in importing machine castings and forges for the automotive, railroad, agricultural and material handling industries. The primary products include castings, forges, extruded metals, rough and precision machining, plastics and also formed wire products. The 15,677-square foot facility, which is owned with an option to lease or purchase additionally. Located near 2 interstates in southeastern Tennessee, the facility includes a warehouse and office space and requires equipment and personnel with industry experience. The company has a proven track record supported by strong relationships with Chinese Suppliers and over 15 years of ongoing business. Small to Medium OEMs within the U.S. are targeted aggressively by manufacturing reps. Last year, the company’s total revenue was $1,876,491 with Seller’s Discretionary Earnings of $254,000 rounded. With a large customer base and solid reputation, the company continues to attract new customers while maintaining its reputation with existing ones. 2018 revenue was $2,572,000 with 2019 forecasted to be an equally strong year.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Negotiable for the right buyer
Support & Training:
The owner will be available as needed for transitioning, any employees would stay on.
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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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