Business for Sale

SoCal Aerospace Machining

BizEx996-KF

Background

General Location:Gardena, CA
Category: Manufacturing
Fabricated Metal Products
Years in Business:37
Under Present Owner:12
Hours of Operation:M-F 8:00-4:30
Owner Hours:same/flex
Training:2 weeks @ 20 hours
Organization Type:S-Corp
Lease Expiration:Month to Month
Lease Options:Buyer to secure new lease
Building Size:10000
Employees:16
Reason for Sale:Life change due to other interests

Financials

Asking Price:$4,500,000
Down Payment:$4,500,000
Gross Sales:$2,500,000
Discretionary Cash Flow:$1,000,000
FF&E:$1,000,000
Inventory Included?Yes
Inventory:$20,000
Min. Operating Capital:$300,000
Real Estate Available?No
Rent:$7,000
Payroll:$50
Financing:SBA

Description

Business for sale is a long established, profitable, aerospace machining enterprise located in the greater Los Angeles basin.  With almost 40 years in the business this operation is well known by customers and vendors alike.  The operation provides very high precision work and is able to command higher margins on its work which makes for a highly profitable operation.  The operation is fully ISO and AS certified and maintains a staff of highly trained and seasoned employees.  With over 25 pieces of high precision CNC equipment, the company can produce any number of technical articles required.  The business is efficiently established within the 10,000 sqft operating space and has an ample fenced lot for parking and storage.  This is a must see for anyone interested in a technical manufacturing operation.  All the equipment is in very good condition and just recently appraised by a third party.  There is no need for any near term investment in any capital equipment.  For more information please go to www.bizex.net and register as a buyer or for immediate response, please contact Kendric Foultz directly at 310-968-2369.


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Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.

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Kendric Foultz
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 102
Direct: (310) 968-2369
Lic#: 01376005