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Engineered Castings and Molds


Asking Price:$1,300,000

Cash Flow:$416,911

Gross Revenue:$2,740,790

EBITDA:N/A

FF&E:$5,800

Inventory:$48,877

Established:1981

Business Description

Profitable Engineered Castings Business

This home-based business can be operated from any geographic location. The Company has only two employees including the owner and it sells Engineered Castings. Those castings are Ingot Molds , Coke Oven Castings and Slag Pots. Their customers are big industrial buyers in the US and Canada. Most of the customer base are the large Steel manufacturers and most of those have been working with the Company for many years or decades even. This business also deals in scrap metals and alloys which account for a small portion of the profits.

Detailed Information

Inventory:
Included in asking price
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The owner works out of his home in Florida. This business could be run from anywhere. (Home Based)
Competition:
There are three US suppliers who each specialize in either Ingot Molds, Slag Pots or Coke Ovens.
Growth & Expansion:
New ownership could continue to sign on new customers or follow the Seller's lead by expanding the distribution into other countries. Additional products which can be designed by the Metallurgical Engineer on staff will continue to be added.
Financing:
For the right offer the Seller would consider a small note
Support & Training:
The Seller will provide a 30 day training period after the transaction closes.
Reason for Selling:
Retirement
Home-Based:
This business is Home-Based
 
 

 
 


Molten_pot

Background information

Reference:

NAPFL001-N41

Finance

Sales:

$2,740,790

Profits:

$416,911

Profit type:

Discretionary Earnings

Price and terms

Price:

$1,300,000

Down payment:

$1,300,000