Business For Sale; 33 -- Primary Metal, Foundries & Mills; ALUMINUM FOUNDRY OFFERS UNIQUE GROWTH OPPORTUNITY.No Automotive Customers, Very Diverse Customer Base. This profitable smaller job shop foundry is just right for an owner/operator who wants to grow a business. A new opportunity has presented itself for the company to run its own proprietary parts. These parts are needed by every village, township, city, county and state in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. ; and this new line should increase the company's revenues and profits significantly. Parts currently produced include vacuum sweeper components, solar panel brackets, oil field wrenches, pulleys, hydraulic pump adapters, well caps, gear boxes, and motor end plates. The current owner is in his 70's and hasn't actively advertised or promoted the business for ten years. Yet this company had over 30 active customers in 2008 (no proprietary work in 2008 or as of 6-30-09) and ran dozens of different parts. The work force is experienced, local to the plant, and non-union. Terms: SBA SBAabbr. Small Business Administration Noun 1. SBA - an independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government 7a lenders have expressed interest in financing this deal for a qualified Buyer. For a Buyer with good credit, the Seller may carry part of the purchase price at a low rate of interest with balloon payment The final installment of a loan to be paid in an amount that is disproportionately larger than the regular installment. When a loan is made, repayment of the principal, which is the amount of the loan, plus the interest that is owed on it, is divided into installments due at at end of 5 years. Facilities: Near a major highway and in close proximity to major industrial cities. .64 acres includes older frame and concrete building consisting of approx. 9,460 sq. ft. Annual Real Estate Taxes are $2,444. Mkt. Outlook/Competition: This industry is projected to grow at a 4.4% annual rate through 2012. Reply today! Selling Price: $638,000 Gross Annual Sales: $520,500 Region: Midwest (ND SD NE KS MN IA MO WI IL MI IN OH KY) Listing #:50294 (B) [To receive the contact name for this listing, reference the five-digit number which follows each listing and e-mail to FirstList, mergers@firstlist.com. FirstList will forward the contact pertaining per·tain intr.v. per·tained, per·tain·ing, per·tains 1. To have reference; relate: evidence that pertains to the accident. 2. to the principal or intermediary Intermediary See: Financial intermediary intermediary See financial intermediary. representing the business for sale. Note: Healthcare IT Conference. This year's forum will bring together policy-makers from federal, state and municipal governments, leaders from the healthcare and technology sectors, and strategic, financial, and institutional investors and deal-makers who focus on business opportunities in the healthcare technology space. For more information, visit: http://www.iibig.com/F0906] |
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