Offered Exclusively Through Keate Partners

 

ACQUISITION OPPORTUNITY M-1723

SHEET METAL FABRICATOR

This well-established Cincinnati based sheet metal fabricator produces various types and sizes of fabricated industrial products.  This business has the equipment and space to be expanded by a growth oriented owner.  The firm has an excellent reputation for quality and service. 

HIGHLIGHTS:

 ·         Excellent equipment includes laser cutting, turret punching and shears and brakes

·         Excellent employees and staff with very low turnover

·         Real estate available for sale or lease, equipped with 7 ½ ton crane

·         Current owner available to assist in smooth transition

 PURCHASE PRICE: 

This business is being offered for sale as an asset sale, free and clear of all liabilities for $650,000.

 Assets Included in the Sale: 

            Machinery & Equipment                  $496,000        (Est. FMV)

            Accounts Receivable                        $125,000

            Inventory                                           $ 50,000 (At Cost) 

            Total Assets                                      $671,000

FINANCIAL SUMMARY:  

 

FYE 6/30/01

FYE 6/30/00

FYE 6/30/99

Adjusted Balance Sheet
Sales

$1,053,884

 $1,087,552 $1,105,530

Current assets

$175,000
ACF 171,400 172,700 208,700

Fixed assets

496,000

       

Total Assets

$671,000

ACF (Adjusted Cash Flow) is the pretax cash flow of the company prior to expenses of seller’s salary, depreciation, and certain seller discretionary expenses that will be eliminated upon the sale of the business.

FOR FURTHER INFORMATION CONTACT KEATE PARTNERS (513) 241-3700