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Manufacturer Of Custom Industrial Foundry Patterns
Location: United States -> Ohio
Industry: Manufacturing > Other Manufacturing




Business Summary

In close proximity to both Cincinnati and Dayton, Ohio, this business is a custom manufacturer of foundry patterns mostly made of wood, urethane, and foam. Their capabilities include CNC 3D Router and Machining, Lathe Turnings up to 123'' diameter, models and prototyping, fabricating, welding, and molds for composite and fiberglass parts. Their pattern makers are highly skilled and have an average of 25 years experience. The company enjoys challenges and is proud of the exceptional quality patterns, service and solutions that they provide to their customers. The company builds patterns for several kinds of industries which include but are not limited to Aerospace, Automotive, Carbon Fiber, Heavy Equipment, Machine & Tool, Mining, Pumps and Compressors. They have an easy to use website with all the information on products and services a client would want. This business for sale is a great opportunity to take a business that is already successful and build on that foundation to secure your future.

This Ohio manufacturer has been in business since 1966 and purchased by the current owner in 2007. This owner operated business is managed in a hands-on fashion giving the owner full controls over the quality of products and the customer service provided. Out of the total revenues, 73% comes from wood patterns, 5% from foam patterns, 5% from urethane patterns, 2% comes from metal patterns/welding and 15% from repair work. Real Estate, vehicles and equipment are included in the sale.

Asking $390,000.00. 99% repeat clientele. This listing is offering the buildings and land to either be purchased or leased by a new owner. The building's are 14,500 sq. ft total. Building #1 was built in the late 1980's consisting of 5,000 sq. ft and then they added on 3,000 sq. ft in 2006. The shop area is 7250 sq. ft and the office is 750 sq. ft. Building #2 was built in 2003 and is 6,500 sq. ft. The shop is 5,000 sq. ft and the office is 1250 sq. ft.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $563,000
Cash Flow:   $123,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $500,000
Seller Financing:  Yes

About The Business

Year Established:  1966
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Key employees will stay on after the sale of the business.
Reason For Selling:  Other interests.

Photos

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Manufacturer Of Custom Industrial Foundry Patterns Photo 1




Print Listing Id: 700243346
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Also See: Franchise Opportunities > Franchise Resales > Ohio Businesses For Sale > Ohio Franchises For Sale > Ohio Business Brokers



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