Production Manufacturing, $1.5M Sales, $497K DE, est. 60 yrs, SBA

Production manufacturing company established for over 60 years with unique capabilities, $1.5 million sales, $497,220 Discretionary Earnings and pre-approved for SBA financing with a 15% down payment is available for acquisition. The company provides parts across several industries including electronics, medical, irrigation, fluid-flow control systems, automotive, and could expand into Aerospace. The company is ready for ISO-9001 certification and has an excellent reputation for quality and on-time delivery. The company has proprietary manufacturing equipment that allows it to produce high tolerance parts, in production quantities, at competitive prices. The company has a CAGR of 13% from 2018 through 2021 and the owner-seller has built a company with excellent infrastructure, procedures, and a team of 5 employees including a Production Manager, Tool Maker, and 3 equipment operators. Summary: * Offered at $1.15 million + inventory & A/R * $1.5 million 2021 sales * $497,220 million Discretionary Earnings * $140,253 Down w/SBA Financing Staff * 5 employees * Production Manager & Tooling Design-Tool Making * Toolmaker * 3 Production Technicians-Machine Operators Buyer Skills and Requirements: The owner is actively running this business and the buyer will have to be willing and capable of learning to run the business. While the buyer does not necessarily have to be a trained machinist or have CNC experience, they must be willing and capable of learning the technical aspects of this business and running it. This is not a passive owner business. The Seller will provide training for 4 weeks/40 hours per week and in addition, will provide limited consulting as negotiated after the initial training period. Reason for Selling: The owner is moving to Northern CA. Inquiries from principals only Location: Orange County, California Year Established: 1970 Number of Employees: 5 Real Estate: Leased