Precision Machined Products Manufacturer, Illinois: Established 40-year business with $750K sales.
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Asking Price
$985,000
Detailed Information
Northeast Illinois, Illinois, US
Not Provided
NA
Business Description
This Illinois-based business, with over 40 years of experience, manufactures precision machined products for various industries, including packaging, printing, food processing, and oil and gas. With current year-to-date sales surpassing $750,000 and a focus on stability, the business aims to maintain its revenue and earnings while exploring organic growth opportunities. Operating at near-full capacity in a modern 10,000 square foot facility, the company's skilled team of nine employees, including management, are trained in estimating and quoting, ensuring smooth operations post-purchase. The company's streamlined operations and efficient workforce allow for potential growth through the addition of another shift or larger facility without requiring more sales staff. Marketing efforts primarily rely on word-of-mouth referrals from a loyal customer base, supported by an active online presence. The business has a strong profit margin and owners are open to offers to determine a fair market value for potential buyers. Interested parties can reach out to IAG for more information or to make an offer, as