This company burns heavy steel sheet plate on plasma cutters, CNC Machines parts, smooths edging for the material handling industry. Typical clients would be fork lift manufacturers. The Seller started the business 13 years ago and is at retirement age. They own the real estate and are open to selling it or leasing it, approximately 25,000 SF located in a nice industrial park.
Sales have been consistent in the $5M to $6M range yearly with cash flow ranging from 10% to as much as 20% of gross revenues. There is no formal asking price but the seller has price expectations of a 4.5 to 5 X Multiple of cash flow.
Required Licenses: Business
Seller Reference #CHARLNC001-N785
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