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#Business ID: 10340

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Metal Stamping and Fabrication Company

Business Location: Christian, Illinois, United States

Asking Price: $ 488,000 Revenue: $ 700,000 Cash Flow: not disclosed

[Furniture / Fixtures and Inventory / Stock included]

Business Summary

New Price! Great opportunity to acquire this quality fabricator that has been neglected by its retired absentee owners. This company has been a quality supplier of precision components made from ¼” and under aluminum, steel, stainless and alloys for almost 20 years. They have a good history as a stamping and metal fabrication company for numerous industries. They supply parts that are used during production to Caterpillar, Wheelabrator, Union Iron and other such companies.

Property Details

Size:

125000

Years Established:

1993

Property Type:

Real

FF&E:

$ 375,000

Inventory Value:

$ 60,000

Other Business Details

Business Location:

In old industrial complex on edge of medium sized downstate city.

Premise Details:

Approx. 3 acres in an old industrial complex, consisting of 25,000 square foot main production building with an outlying storage building, plus 2 ea. 2000 SF rented buildings. Extensive list of quality, well maintained equipment: Presses from 10 to 100 ton, Lathes, Shears, CNC stamping presses, CNC turret presses and welding equipment.

Competition:

General competition in the fabrication business

Expansion Potential:

The business was much bigger but wound down as the owners semi-retired with no advertising or emphasis on new business. Ripe for an experienced businessman to rebuild this quality company through advertising and marketing efforts.

Business Operation Details

Employees:

5

Trading Hours:

M-TH: 7-5:30

Support & Training:

GM is in place to provide new owner training and continued support

Miscellaneous Details

Reason For Selling:

Retirement

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