Businesses for Sale

Other Manufacturing

$318,900+Profit, Broach/Machining-249k cash, 250k note, free Rent>9/15

Cook County, Illinois, United States

Asking Price

$499k

Revenue

$1.75m

EBITDA

$319k

Cash Flow

$319k

Description

249k cash, 250k seller note, free rent thru 9/25

Business sold their real estate, relocate business by 9/25; free rent thru 9/15/25

70-year-old business, long term employees, 20+ years with firm.

Firm does every type of broaching, CNC, EDM, slotting, key-seating, and parts that make broach tooling. Broaching types: Blind, external, high speed, horizontal, keyway, internal shape, Pot, specialty, spiral, straddle, surface, vertical, and more. Long established clients range from auto, medical, defense, industrial tooling, consumer, tools and tool builders. This is 1st step stage for a manufacturing resurgence beginning again.50+ machining, recent equipment additions, ISO 9001 Certified

Broaching beats all other forms on price, is within 1/1000th tolerance (a hair on your head=7 thousandths), and geared for parts that work within tolerances

Real estate was sold, so buyer will need to move to new facility.

Decades of service and precision tolerance allows them to even service the Aerospace and auto industries

Communication w/customers is: Email and phone, very few still fax, no text messages at all, no crm system

Owners will come to new place & give layout ideas for the best floor plan model for optimal productivity, owner said a new layout after decades of experience that will really be a big help on productivity.

Real Estate

Owned

Building Size: 15000 sq. ft.

Furniture Fixtures & Equipment

$925k

Inventory

$100k

Included in Asking Price

Number of Employees

Full-Time: 15

Year Established

1958

Reason Selling

Retirement and Age, seller-work this part time for years

Facilities & Assets

Building sold, Equipment needs moving New location will need 25k-30k SF to operate comfortably.

30 days training-no charge, available after training as well. Excluding the seller, existing staff is:

On staff, 1 plant manager, 1 machine shop manager,1 office manager, 1 engineer.

Full management staff in place to take over for seller.

Business will need to be moved, we are obtaining quotes and buyer can obtain quotes as well. The data room has pictures of the entire operation, along with the machinery.

Support & Training

30 days free included in sale, available after sale as well

Market & Competition

Growing

Growth Opportunities

Add territory, salespeople, new markets

Financing Options

Seller financing is available.

5%-10% SBA seller Financing, 7a loan available

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Listing ID ⬇

2301382

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