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Precision Header Tooling Company

Rockford, IL (Winnebago County) (Relocatable)

Precision Header Tooling Company
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Asking Price: $600,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $290,000

Established: 1971

Precision Header Tooling Company

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Business Description

This forty-seven year old privately held header tooling company started in a small rental facility and was able to move into a larger 8500 sq. ft. facility twenty years later. This is a fully equipped machine shop with several CNC and EDM capable machines in addition to standard machining and grinding operations. It currently has capacity to grow significantly with the addition of at least six more well qualified operators.

The current owner wishes to retire on a full time basis but would be willing to assist in the transition of ownership and if asked could provide an ongoing consulting relationship.

The company serves a customer base for the fastener, aerospace, and tooling industries as well as for a number of well-known major domestic companies. It has a reputation for accuracy, responsiveness, and service.

The opportunity lends itself to a private, single buyer who recognizes the value and benefits that go with ownership. It has provided for a good quality of life for the current owner.

This is also an opportunity for a strategic buyer serving similar markets who needs added capacity or to affect a roll-up integrating the company along with other holdings.

The company is offered as either a stock or asset based sale. The owner would like a package arrangement including the land and buildings as well as all of the equipment and other assets. While not on the balance sheet, its reputation and culture of business and personal integrity also bring value.

Detailed Information

Location:
Rockford, IL
Real Estate:
Owned
Included in asking price
Building SF:
8,500
Employees:
6
Competition:
Strong growth market. Requires precision work.
Growth & Expansion:
Growth through added, qualified operators. Space available.
Support & Training:
Will provide
Reason for Selling:
Retirement
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Keith Irons

Business Listed By:
Keith Irons

Irons Group Ltd.

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