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![[Businesses for Sale]](saletop.gif)
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 |
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| 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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