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Broker Contact Information |
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Mechanical Engineering Design / Built Fabrication and Machinery Company | Listing ID: 20595 |
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| Asking Price: |
$2,100,000 |
Status: |
Active |
| Business Type: |
Service - Others |
Reference #: |
3108 |
| Business Location: |
Maryland |
Broker Coop: |
No |
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Carroll County |
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Annual Income Information |
Labor Information |
| Gross Sales: |
$1,648,450 |
Full-Time Employee: |
8 |
| Cash Flow: |
$540,322 |
Part-Time Employee: |
2 |
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Business Detail Information |
Lease Information |
| Form of Ownership: |
Corporation |
Leased SqFt: |
8,200 SF |
| Year Established: |
1987 |
Rent /Month (Include NNN): |
$7,250 |
| Accounting Info(years): |
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Lease Exp.Date: |
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| Franchise: |
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Original Lease (# of yrs): |
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| Liquor License: |
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Lease Left (# of yrs): |
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| Seating Available(#): |
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Lease Option (# of yrs): |
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| Parking Space(#): |
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Lease Renewable: |
Yes |
| Hours of Operation: |
Mon - Fri: 8AM - 4:30PM |
Lease Transferable: |
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| Reason For Sale: |
To concentrate on Real Estate Development business. |
Rent Increase: |
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| Seller Training Available: |
Yes (Negotiable, Seller is available for part time employment) |
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Price Description |
Financial Information |
| Real Estate Included: |
No |
Seller Cash Out: |
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| Real Estate Value: |
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Seller Financing Available: |
Yes |
| Fixture & Equipment Included: |
Yes |
Seller Financing Amount: |
$1,100,000 |
| Fixture & Equipment Value: |
$350,000 |
Seller Financing Term(years): |
10yrs |
| Inventory Included: |
Yes |
Annual Interest Rate: |
7 1/2% |
| Inventory Value: |
$25,000 |
Min. Down Requested: |
$1,000,000 |
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Business Description |
The subject business, which has been established for over 20 years, provides design engineering and manufacturing services to both domestic and international clients. The company, and its experienced staff, has extensive design engineering capability as well as complete machining, fabricating, welding, assembly, and testing capabilities.
The company has an extensive and diverse customer base including several Fortune 500 companies, large construction firms and Government and Military organizations. The customer base was developed by offering unique engineering and manufacturing solutions and exceptional customer service. Most customers. Most customers have a multi-year track record of purchasing components on reoccurring or blanket purchase orders. The company has a stabile highly skilled workforce. The sale includes design and manufacturing equipment, design drawings, manufacturing programs, assembly and testing procedures, specialty fixtures and Trademarks necessary to continue to supply products to its customers. The company has grown to its current level of success through excellent customer and relations and minimal marketing.
For additional information contact, Arnold Heckman at 301-572-6000 ext. 312 or by email at Aheckman@ciworldwide.com
To learn more about Corporate Investment or to see all of our other business opportunities visit our website at www.CIWorldwide.com |
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BusiMarket.com does not support or endorse the accuracy or reliability of any information above.
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