72-Year Machine & Tool Manufacturer in LA
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Background
| BizEx ID: | BizEx1172-DC |
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| General Location: | Los Angeles, CA |
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| Category: |
Manufacturing
Fabricated Metal Products
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| Years in Business: | 72 years |
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| Under Present Owner: | 69 years |
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| Hours of Operation: | 7am - 4:30pm M-TH / 7 - Noon Friday |
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| Owner Hours: | Same or more |
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| Training: | None |
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| Organization Type: | C-Corp |
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| Lease Expiration: | |
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| Lease Options: | |
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| Building Size: | 8,200 sq. ft. |
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| Employees: | 0 |
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| Reason for Sale: | Retirement |
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Financials
| Asking Price: | $350,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $508,358 |
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| Discretionary Cash Flow: | $166,220 |
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| FF&E: | $200,000 |
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| Inventory Included? | Yes |
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| Inventory: | $26,000 |
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| Min. Operating Capital: | |
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| Real Estate Available? | No |
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| Rent: | $7,400 |
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| Payroll: | $25 |
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|
2017 | 2016 | 2015 |
| Gross Sales |
$ 630,000 | $ 508,358 | $ 939,269 |
| Gross Profit |
$ call | $ call | $ call |
| Disc. Earnings |
$ call | $ call | $ call |
