Manufacturing Company for Sale in Chicago

Chicago Manufacturing Business for Sale

The current owner started the business in the late 1960’s with a family member. They’ve been a supplier to the U.S. Government for more than 40 years. They have approximately $1,400,000 in manufacturing machinery and equipment, including several CNC machines and a plating machine.   The average annual cash flow for the last 3 years was $968,534.00 and the average gross annual sales were $3,192,640. Payroll runs about $20,000 per week, on average and the current owner works 4 days per week or about 40 hours per week.

As with most businesses, there are areas of opportunity for growth for an acquirer:

• The website is very dated and not being used.
• Currently no new business development is taking place. 
• Runs one shift per day.

Note: The current owner(s) prefer to sell the business & property together.

Asking Price/Business & Real Estate: $5,350,000 plus inventory

Gross annual sales: $3,192,640.00 (3-year average)

Cash flow: $968,534.00 (3-year average)

Value of furniture, fixtures & equipment: $1,400,000.00

Value of Real Estate: $695,000.00

Contact us to learn more about this manufacturing business for sale.