Specialty Precision Metal Works - Pico Rivera Business
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Background
| BizEx ID: | BizEx1415-KF |
|---|---|
| General Location: | Pico Rivera, CA |
| Category: |
Business Services (B2B) Primary Metal Industries |
| Years in Business: | 73 |
| Under Present Owner: | 16 |
| Hours of Operation: | M-F 5:00am-2:30pm |
| Owner Hours: | Flexible |
| Training: | 4 weeks @ 20 hours |
| Organization Type: | S-Corp |
| Lease Expiration: | N/A |
| Lease Options: | N/A |
| Building Size: | 9,676 sqft |
| Employees: | 9 |
| Reason for Sale: | Retirement |
Financials
| Asking Price: | $520,000 |
|---|---|
| Down Payment: | $520,000 |
| Gross Sales: | $1,352,039 |
| Discretionary Cash Flow: | $385,000 |
| FF&E: | $150,000 |
| Inventory Included? | Yes |
| Inventory: | $0 |
| Min. Operating Capital: | $75,000 |
| Real Estate Available? | Yes |
| Rent: | $11,000 |
| Payroll: | $37,100 |
| Financing: | SBA |
| 2022 | 2019 | |
|---|---|---|
| Gross Sales | $ 1,353,040 | $ 1,072,621 |
| Gross Profit | $ 735,196 | $ 631,265 |
| Disc. Earnings | $ 404,543 | $ 338,479 |
