50 Year Temperature & Pressure Instrument Manufacturer & Testing Lab

50 Year Temperature & Pressure Instrument Manufacturer & Testing Lab Location: Cincinnati
Listing Number: 313SWA

Financial Information

Asking Price: $464,000
Gross Revenues: $616,000
Cash Flow: $154,000
Real Estate: Available to purchase

Business Description

The retirement aged owner of this company has made it his goal to be well – known and acknowledged for his company’s 50 years of experience and superior problem – solving ability.  With over 250 active customers in its database, this company’s loyal customers include Procter & Gamble, OPW, US Navy, Marathon Petroleum, Tyson Food, Miller Brewing, and BASF.  In addition, to manufacturing its products, the company also does certification, reselling, and repairing of pressure & temperature/instruments.  The owner will train in all aspects of the business and will be available to ensure a smooth transition. This business is offered as an asset purchase, free and clear of debt.  Highlights include:

ISO 17025 Laboratory

SBA loan qualified

Price includes equipment valued at $150,000

No accounts receivable issues – top customers

Very long - term employees in place – over 66 years

Clean books and records – all numbers are verifiable

All parts, products, and costing in company software

Much room for growth with current space and employees

Real estate is available to purchase – 5,400 square foot facility