This manufacturer was established in 1985. The production is done with current, CNC equipment including 4 axis capabilities. The company has several, long established clients. The owner is exiting because of health issues. The business is being offered with the real estate, which is a free standing, 9,600 sq ft on 3 acres. It is located on I-44 between St. Louis and Springfield. Because of health issues, the business is now being operated by an absentee owner. The plant manager running operations and the company is relying on orders from existing long-term customers. There is a recent equipment appraisal for $1,038,695. The value of the real estate is $300,000, which will be included in the sale.
Note: Sales Revenue & DE is based on (3) year Average from 2016 thru 2018
Key Value Drivers:
- Under capacity production facility
- Current equipment including high speed, 4 axis CNC
- Established production team lead by long time plant manager.