Return to search results

NICHE MACHINE MANUFACTURER

Cincinnati, OH (Hamilton County)

NICHE MACHINE MANUFACTURER
Contact Seller

Asking Price: $3,250,000

Cash Flow: $1,322,000

Gross Revenue: $2,767,002

EBITDA: $1,172,000

FF&E: $300,000

Inventory: $400,000

Rent: $5,300 /Month

Established: 1997

NICHE MACHINE MANUFACTURER

Save Print Share Valuation Report

Business Description

BUSINESS FOR SALE #M-2496s
NICHE MACHINE MANUFACTURER

This Company manufactures machine tools. The business specializes in a specific type of machine and has developed expertise and a reputation that make it a market leader in its niche. This has enabled the Company to have excellent margins and has created growth opportunities.

INVESTMENT HIGHLIGHTS:
• Excellent customer base, mostly Fortune 500 and multi-national companies
• In its machine niche the Company offers more features and closer tolerances than its competitors at a lower cost – great value proposition for its customers
• 2018 revenues exceeded $2,767,000 with EBITDA of $1,220,000.
• Currently there is no proactive marketing; the business comes through repeat business or a potential customer contacting the Company after a web search; excellent opportunity for a company that has sales and marketing channels or resources
• Company can be relocated

The business will not be disclosed to individuals unless they have relevant experience and a high net worth as SBA loans cannot have earn-out provisions..

PURCHASE PRICE:

The Company is being offered for sale as an asset sale, free and clear of all liabilities for $3,250,000 structured as $2,250,000 cash at closing plus $1,000,000 seller note or earn-out.

Detailed Information

Location:
Cincinnati, OH
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
19,000
Lease Expiration:
N/A
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
Produces a better machine at a lower cost
Growth & Expansion:
Very little marketing has been done. Has a solid Fortune 500 customer base.
Reason for Selling:
Retirement
Contact Seller

Contact the Seller

Contact Seller Loading

Business Listed By:
Wayne Corney

Keate Partners, Ltd.

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1505986 Report an issue with this listing

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 of Use before responding to any ad.


Similar Listings


Painter1

Franchise Opportunity In OH
Cash Required: $49,500