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#Business ID: 10368

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Punch Press Parts And Service Business

Business Location: Forest Park, Cook, Illinois, United States

Asking Price: $ 140,000 Revenue: $ 247,000 Cash Flow: $ 54,000

[Furniture / Fixtures and Inventory / Stock included]

Business Summary

115 year old punch press company with a stable parts and service product line established all over the world is available for immediate sale to a local buyer. Seller will finance 75% of the company. Must sell due to health reasons.

Property Details

Size:

4500

Years Established:

115

Property Type:

Lease

FF&E:

$ 20,000

Inventory Value:

$ 415,000

Other Business Details

Business Location:

INDUSTRIAL PLANT LOCATED IN WESTERN SUBURB OF CHICAGO

Premise Details:

RENT APPROX. 4500 SQ FT OF INDUSTRIAL AND OFFICE FLOOR SPACE.

Competition:

LAST MID SIZE PRESS BUILDER IN THE UNITED STATES STILL OFFERING ORIGINAL REPLACEMENT PARTS AND SERVICE TO OVER 12,554 MACHINES IN THE WORLD.

Expansion Potential:

NONE - CAN BE USED AS A SUPLIMENTAL BUSINESS / INCOME GENERATOR TO AN EXSISTING MACHINE COMPANY.

Planning Consent:

NONE

Business Operation Details

Employees:

1

Trading Hours:

6:00 A.M. TO 3:00 P.M. WEEK DAYS

Support & Training:

1 YEAR CONSULTING AT A MODEST FEE

Relocatable:

Business Relocatable

Miscellaneous Details

Financing Available:

Yes
25% DOWN BALANCE OVER 3 YEARS.

Reason For Selling:

DECLINING HEALTH REASONS.

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