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Premier Contract Manufacturer For Nuclear, Military And Government Projects
Location: United States -> Northeast
Industry: Manufacturing > Metals Manufacturing




Business Summary

A premier contract manufacturer for various Nuclear, Military, Government and Exotic Alloy Commercial projects.

2002 gross revenues in excess of $4.570 million.

Very high Gross Profit Margin Nuclear business is growing! Presently the Company is doing well in excess of $1.5 million per year in this segment after receiving its ASME Nuclear Stamp license (NPT).

The Military Sector is growing and the Company is making a substantial effort to grow its sales to Military Contractors.

With its 150 plus different ASME and independently approved welding procedures, the Company is a natural candidate for the more difficult, demanding commercial projects. These projects usually carry much higher gross profit margins.

The Company is perfectly positioned to participate in the emerging nuclear canister disposal business where many governmental and quasi governmental agencies are planning to spend billions of dollars in the coming years.

Purchases of new equipment will not be necessary for years to come because most of the Company's assets are in great functioning condition and relatively new.

Proximity to major markets, military and nuclear, are made easier via its excellent geographic location in the Northeast.

The Company's manufacturing plant and offices are only 200 yards away from a US Interstate highway system.

The Plant and Office facilities are simply first-rate!

Plant layout is superb allowing efficient straight line manufacturing, minimizing the costly movement of fabricated parts.

Plant has plenty of outside area to be utilized in the event additional capacity becomes necessary and is also networked via high-speed connections.


Financials

Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   $4,500,000
Cash Flow:   $800,000
Cash Flow Type:  EBITDA
Inventory:  $4,000,000
Seller Financing:  Yes

About The Business

Year Established:  1940
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned

About The Sale

Management Training and Support:  Yes.
Reason For Selling:  Retirement, owner will stay on board in right situation.




Print Listing Id: 7004042
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Also See: Franchise Opportunities > Franchise Resales

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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