Pacific Castings
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $735000
Net Profit / Cash Flow $110000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1997
Number of Employees 6 - 9
Inventory 68000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Seller will train.
Reason for Sale Other business interests.
Description Business for sale in Southern California is a small contract metal casting business in the South Bay. This niche business manufactures a number of metal items that find their way into the retail product stream. Operations are streamlined and well run, however the business is in need of new blood at the management and sales level. Sales have dipped from previous years and the owner is interested in moving in a different direction, however, he just secured a three year commitment from a major auto manufacturing company that will add about $140,000/yr to the revenue side. The business is positioned in a niche market which allows it to compete with offshore companies, which is impressive for a California based manufacturing operation. This would be an ideal acquisition for anyone who is already in a related business or who can bring additional work to the business day one. All technical areas are covered by the current staff so a sales oriented buyer would be the ideal candidate. To find out more about this Metal Casting business for sale, please email or call Kendric at 310-882-2200 ext 102.
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