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EXECUTIVE SUMMARY
PBG Reference No.: S507

MANUFACTURER-SHEET METAL PRODUCTS

We are pleased to present this business opportunity for your review. Premier Business Group, Ltd. is one of the leading business brokerage firms in the Midwest. We specialize in representing manufacturing, distribution and service companies in the divestiture process. The Seller pays our fees; there is no monetary obligation to prospective purchasers. Premiers' expertise includes assisting in structuring the transaction and financing. We encourage you to make an appointment with the broker listed on this offering to discuss your needs, to obtain further information regarding the company you are inquiring about, and to receive information on other companies that may be of interest.

Since 1958 this company has manufactured sheet metal products for material handling systems and the heating, ventilation, and air conditioning industry. A portion of their revenues also come from specialty fabrication projects that may involve bending, rolling and welding, as well as distributing various complimentary products to their already full line. Customers consist of construction, industrial, and institutional organizations located in Wisconsin and other nearby states.

In business for over forty-five years, the company is well known and has established a strong reputation for quality, and on time delivery. A large percentage of sales revenues are generated by referral and repeat business. The organization has outstanding talent with long term experience, which will provide the new owner a springboard to future growth opportunities.

There is remarkable opportunity for growth with this company. A solid, consistent marketing program coupled with inside salesmen or outside commissioned sales reps, along with other areas of development will enable a new owner to push the sales up the to the next level.. The Company has the potential to do more than double in sales revenue with exceptional profit potential.

FINANCIAL HIGHLIGHTS

  2006 2005 2004
SALES $2,251,250 $2,184,745 $2,293,592
EBITDAS*
(Adjusted Net)
$   310,472 $   238,132 $   354,442

* Earnings Before Interest, Taxes, Depreciation, Amortization and full owners Salary.

DEAL STRUCTURE

Purchase Price for Business "Open to Offer"

Real Estate 3.3 acres - Market Value

Assets Included:
Accounts Receivable $225,229
Inventory $292,562
Fixed Assets at Appraised Value $1,531,470
 
Liabilities Included: $60,599

Net working Capital

Included in the purchase piece will be net working capital. (Net Working Capital will be defined as Accounts Receivables, and inventory, minus accounts payable.

1. All furniture, fixtures and equipment, computer hardware, software and supplies will be included in the sale. The seller's personal items and vehicles will be excluded. The assets of the business are to be sold free and clear of all claims, debits, liens, or other liabilities, with the buyer receiving a good and marketable title.

At the closing should the net working capital differ from the agreed upon amount, there will be a corresponding adjustment in the purchase price.

INFORMATION SUMMARY

  • Location: Southeast Wisconsin
  • Established: 1958, current ownership since 1981
  • Client Base: Southeastern Wisconsin and surrounding states
  • Facilities: 38,000 sq. ft. lease, rent $6,000 per month
  • Days & Hours: Monday-Friday 7am-5pm, factory 7am - 3:30pm
  • Employees: 15 full time, 1 part time
  • Ownership: C corporation
  • Reason for Sale: Retirement

MARKETING AGENT

Premier Business Group, Ltd.
1130 Lake Cook Road, Suite 210,
Buffalo Grove, IL 60089
847/465-9000

This information is provided for discussion purposes only. No representation is made by Broker as to the accuracy of the information provided or any other information supplied. Broker encourages the Prospect to thoroughly review and independently verify to his own satisfaction that the information provided is substantially representative of the business activity.

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Premier Business Group represents manufacturing, distribution, and service companies with annual revenues in the $1-30 million range whose businesses are for sale.

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