Metal Stamping Shop
Somerset, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $450,000 |
$450,000 |
$65,000 |
Furniture and Fixtures Value:
$300,000 (included in the asking price)
Inventory Value:
$50,000 (included in the asking price)
Real Estate:
$1,100,000 ( not included in the asking price)
Business Summary:
Manufacturer of industrial (75%) and commercial (25%) products for diversified customer base. Capabilities include metal stamping (up to 600 ton presses), welding, bonding complete machine shop and light assembly. Ideal for high quality domestic customers with short lead times. Plant can handle significant additional production. Sales represent last 12 months activity. Land of 1.5 acres can accommodate additional storage or subleasing.
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| Year
Business was Established: 1946 |
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| Number of Employees:
4FT, 1PT |
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| Facilities / Terms of Lease:
10,000 sq. ft. Main building about 80 years old, good condition, ample power, parking, two storage sheds in rear, 1.5 acres of land. Three year lease plus three year option. |
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| Potential
Growth/Expansion:
Fully equipped plant operating at 30% capacity, ideal for marketing opportunity many untapped capabilities. |
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| Competition:
Idea for high quality, short lead time domestic customers. Diversified customer base. |
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| Owner
willing to finance:
Will consider financing for qualified buyer. |
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| Owner
willing to train:
Ample transition training provided. |
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| Reason for selling:
Retirement |
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| REQUEST MORE INFO |
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