Niche Metal Product Manufacturer

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Background

BizEx ID:BizEx765-KF
General Location:Canoga Park, CA
Category: Fabricated Metal Products
Years in Business:17
Under Present Owner:12+
Hours of Operation:M-F 7:30am-4:00pm
Owner Hours:Full time/40hrs/wk
Training:4 weeks @ 20 hours
Organization Type:
Lease Expiration:12/31/15
Lease Options:0ne @ 5 years
Building Size:7,500
Employees:13
Reason for Sale:Other business interests

Financials

Asking Price:$649,000
Down Payment:$574,100
Gross Sales:$929,806
Discretionary Cash Flow:$246,422
FF&E:$130,000
Inventory Included?
Inventory:$110,000
Min. Operating Capital:$75,000
Real Estate Available?No
Rent:$5,000
Payroll:$24
Financing:SBA




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

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