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Fifty Seven year specialty manufacturer of precision products for the Medical, Aerospace, Automotive, Commercial, Electronic, Scientific and Military industries and applications. This full service company has complete Engineering capabilities which include CAD/CAM and 3D Solid modeling. This unique company prides itself in having expertise in Hydroforming, Metal forming, Precision Metal Stamping, Deep Drawing, Machining, Prototyping, Fabrication and Assembly. The company has been enjoying average growth of approx. 15 % each of the last 3 years and is trending for 25% increase in 2010. Seller's discretionary income is projected to be above $700K on sales projection of $2,4Million. Under the leadership of the current owner over the past 30 years. Sales have grown from $250K to the projected $2.4 Million for 2010. Increase profitability is due in part to increased sales and increases in operational efficiencies. Diversified products, Large customer base, Excellent Employee and Management team and State-of-Art Equipment and processes. Products are used in a wide range of applications such medical implants, Electronic sensors to precision detonators devices in the military applications. Purchase Price include Equipment ($750K); Inventory ($750K);and Backlog & WIP ($2,000,000).
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| Industry: |
Manufacturing |
| Industry Segment: |
Metals Components Manufacturing |
| Geography: |
United States > California > ventura, Oxnard, S.Valley |
| Asking Price: |
$3,100,000 |
| Gross Revenue: |
$2,400,000 |
| Cash Flow: |
$767,409 |
| Value of Inventory: |
$750,000 (Included in Asking Price) |
| Value of Equipment: |
$750,000 (Included in Asking Price) |
| Seller Financing: |
Seller will finance $500K @ 7% for 60 months |
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| Year Established: |
1953 |
| Number of Employees: |
13 full time - |
| Mgmt. Training/Support: |
Seller shall provide ample training |
| Reason For Selling: |
Retirement |
| Facilities: |
8,525 sq.ft. |
| Market Outlook/Competition: |
Company has been growing by at least 15% a year even through these difficult economic times. |
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| Name: |
Bonaventure Wakam, CBB, CBI, |
| Email: |
info@khaminc.com |
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