| Asking Price |
$1,250,000 | Inventory |
$8,000* |
|---|---|---|---|
| Gross Income |
$498,350 | Real Estate |
$175,000* |
| Cash Flow |
$78,224 | Year Established | 1978 |
| FF&E |
$401,000* | Employees | 12 |
* included in the asking price
** not included in the asking price
This is the opportunity to obtain a long established Tool and Gage Company specializing in the design and manufacturing of precision inspection gages and tools. Since 1978 this quality company has been a major supplier of high quality fixtures to every major manufacturing company in the US. Their customer list reads like a fortune 500 manufacturing list. Their clientele includes top manufacturing companies like Borg Warner, Toyota, Bristol Compressors, Copeland Corp, Dana Corp, Delphi, Devilbiss, Eaton Corp, JCI Johnson Controls, Nissan Motors, Vickers, etc. This premier Tool and Gage have a large customer base internationally. The company ships to virtually every country in Europe and Asia to include Germany, England, France, Japan, China, etc. This company is work compliant ISO 9001 and 17025.
Facilities: The real estate encompasses a 12,000 square foot building located on a 2 acre lot. The manufacturing facility has three manufacturing locations to include a climate controlled layout room, a machining room and a fabrication room. There is also a computer design office, the administrative office executive office and the employee lunchroom. The building includes Temp and humidity controlled final inspection room with appropriate tools & equipment.
Competition: This Nationally known company is a leader in the provision of high quality precision inspection gages and fixtures for the US and international markets. They provide equipment and service for hundreds of clients in the engineering, maintenance and manufacturing community.
Growth/Expansion: The Company has several acquisition highlights Extraordinarily large client list Hundreds of Clients in a Wide Geographic Region Well Known and Very Market Competitive Demonstrated Potential for high volume activity Significant Expansion Potential by Applying Growth Strategies
Support/Training: The owner has taken this quality company as far as he can with the capital available to him. He would like the new owner to be able to make a capital Infusion to allow the company to expand into new market opportunities. He would stay to help with this growth opportunity if asked.
Reason Selling: The owner will retire.

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