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