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Food Packaging Parts Manufacturer

This company makes parts mostly for the food packaging industry which has very high margins (about 50% on average). They also make parts for some large OEM's (particularly the Steel Industry). The owner is ready to retire. He owns the real estate and has a preference to sell the business and real estate together. The company has been grossing about $1,200,000 per year but they believe they are about to procure a new customer which will put them at over $3 Million per year volume with 7 figure cash flow. There is about $1 Million of finished goods that is included in the price of $4 Million which also includes the real estate. For just a staff of 5 machinists, they have a lot of sales due to running longer runs on the parts they sell. Lots of CNC equipment and also a hi end center less grinder that originally cost about $500k

Industry:  Manufacturing
Industry Segment:  Metals Components Manufacturing
Geography:  United States > South Carolina > Columbia
Asking Price:  $4,000,000
Gross Revenue:  $1,200,000
Cash Flow:  $500,000
Value of Inventory:  $50,000
Value of Equipment:  $1,000,000 (Included in Asking Price)
Value of Real Estate:  $1,000,000 (Included in Asking Price)
Year Established:  1980
Number of Employees:  6
Mgmt. Training/Support:  Seller will train as needed
Reason For Selling:  Retirement
Facilities:  25,000 SF which is divided up into 3 separate buildings, one of which has very high ceiling heights.
Name:  Sunbelt Charlotte
Email:  info-charlotte@sunbeltnetwork.com
Phone:  704 897 8232

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