Precision Manufacturing with Government Contracts! (37726)

Financial & Assets Details

About the Business

Business Description

From Northwest Pennsylvania, the company offers manufacturing services to a broad range of customers requiring partners for the fabrication of custom precision-machined components, pressure valves for fluid systems or other commercial parts. Applying their engineering expertise and adhering to quality control standards, company uses a variety of steels, plastics, and not-ferrous materials, keeping government contracts with security certifications such as the USDD. Found in excellent condition, company headquarters is a warehousing division of 9,600 square feet that features 8,800-sq. ft. of manufacturing space as well as 800-sq. ft. of office and administrative area. Situated within an ample building of 38,000 square feet with high visibility, business holds a monthly tenancy of $2,790 and is industrially zoned to handle extra capacity for any expansion interests. Benefited by a skilled team of ten nonunion employees agreeing to remain onboard post-purchase, new management can quickly adapt to current pandemic-resisting operations over a standard transition period of six months. Besides maintaining their website, company has implemented a heavy marketing program with increased efforts in the medical, military and energy fields, attracting new clients and agreements to their large recurring base. Thanks to an upcoming targeting campaign and growing referral sources, business expects more sales activity in 2021, as Total Revenues for 2019 reached $834,458 alongside Seller Discretionary Earnings of $133,001, based on an independent evaluation!

Seller Financing

Financing can be negotiable for the appropriate buyer.

Support & Training

Standard Owner Transition period of 6 months.

Reason for Selling:

Approaching retirement and/or pursuing other interests.