72 Years Strong - Machine & Tool Manufacturer

Home / Listing / 72 Years Strong - Machine & Tool Manufacturer

Sold

Background

BizEx ID:BizEx1172-DC
General Location:Los Angeles, CA
Category: Manufacturing
Fabricated Metal Products
Years in Business:72 years
Under Present Owner:69 years
Hours of Operation:7am - 4:30pm M-TH / 7 - Noon Friday
Owner Hours:Same or more
Training:None
Organization Type:C-Corp
Lease Expiration:
Lease Options:
Building Size:8,200 sq. ft.
Employees:0
Reason for Sale:Retirement

Financials

Asking Price:$350,000
Down Payment:Negotiable
Gross Sales:$508,358
Discretionary Cash Flow:$166,220
FF&E:$200,000
Inventory Included?Yes
Inventory:$26,000
Min. Operating Capital:
Real Estate Available?No
Rent:$7,400
Payroll:$25

2017 2016 2015
Gross Sales $ 630,000 $ 508,358 $ 939,269
Gross Profit $ call $ call $ call
Disc. Earnings $ call $ call $ call




David Chavez
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina del Rey, CA 90292
Office: (310) 882-2200 ext 133
Direct: (310) 503-6847
Lic#: 01918858

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations