MergerPlace

Precision Stamping/Manufacturing Company

New York (Suffolk)


  • Asking Price: $1,350,000
  • Gross Income: $4,231,242
  • Cash Flow: $376,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #209254
  • Established: 1973
  • Employees: 38

Business Description

This company is a high precision stamping operation which produces flat and formed washer-like products generally to meet a specific customer requirements All operations are supported by in-house tool room facilities.

The company has excellent production capability and has the machines and the expertise to produce innovative stampings. With machine models ranging from compact, freestanding units to continuous fed systems this company can meet the needs of every customer.

The company’s toolmaking department is well-suited to produce any part especially when concentrically between diameters is very critical. The company strives to achieve physical limits of precision utilizing creative thinking and thinking out of the box with the latest technology.
The company has implemented and maintains a total commitment to quality by consistently offering superior products to the marketplace.

To demonstrate its commitment to providing superior quality products the company has implemented and maintains an intensive quality control program under government inspection (QAR) and Semi-Annual Quality Audits.


Business Details

Primary Business Category: Manufacturing - Primary Metal
Location: New York
County: Suffolk

Company Information

Year Established: 1973
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 38

Financial Information

Asking Price: $1,350,000
Gross Revenue: $4,231,242
Cash Flow: $376,000
Seller Financing Available: No

Property Information

Facilities:

Located in NY Metro Area. Operates out of a 20,000sq.ft industrial building which is owned by the Seller and is available for Lease or Purchase.

Growth & expansion opportunities:

The Company has solid operational procedures in place that will allow them to handle significant growth. The company believes that a well-planned and executed marketing campaign can significantly increase sales by promoting the company’s key competitive advantages (personalized and knowledgeable service and immediate delivery capabilities).

Competition:

Some competition exists but this firm maintains a significant competitive advantage, due to its ability to satisfy virtually all of its clients needs quickly and efficiently.

Reason for selling:

Retirement

Support & Training:

Owner will assist in the transition of the business

Contact Business Seller

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Business Listed By:

Tony Calvacca

New York Business Brokerage