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79-Year-Old Heating Treating Company Specializing in Small, High Volume Parts

United States
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    79-Year-Old Heating Treating Company Specializing in Small, High Volume Parts

    Asking Price:

    $1,950,000

    Gross Revenue

    $1,755,000

    EBITDA

    TBA

    Property ID:

    L#20210215

    Country

    United States

    State:

    United States

    Description

    This Southern California company has roots going back to 1942 with current owner purchasing it in 2007. This niche heating treating plant has few if any competitors in their area of expertise which is ausquench and continuous rotary furnace. The company has a long history of stable and competitive operations with an experienced staff and employees. It is conveniently located for customer pick up but also does regular deliveries in the area. Primary customers are stamping, CNC, plating and fastener/washer companies. The end products go into the aerospace, auto, defense and agriculture industries. Major production process are rotary retort furnaces, oil, water and salt quench batch furnaces, internal oil quench with oxygen sensor controls, batch & continuous draw Furnaces with large capacity, real time temperature/time recorder for all furnaces providing unlimited traceability, and custom-built Endothermic generators with oxygen sensor probes: automatically delivers atmosphere with precise dew point control to insure the highest quality standards where zero tolerance carbonization is required.

    Company Attributes:

    •90% of revenues is repeat business
    •AS 9100 Certified
    •Relatively New Equipment and Vehicles
    •Long Term Customers
    •Manufacturing Resource Planning Tools such as Visual Shop
    •Experienced Staff
    2018 2019 2020 2021 Forecast YE June 30
    Revenues $1.955 Mil $1.668 mil $ 1.755 mil $1.750 mil
    SDE $ 516,804 $ 214,212 $ 459,024 $ 429,000
    Ideal buyer is someone with familiarity of heat treating or has engineering/metallurgical skill sets
    Seller is selling to spend more time with ailing parents.

    Detail

    Updated on December 16, 2021 at 8:00 am

    Property ID:L#20210215
    Property Type:Manufacturing
    Property Status:For Sale
    Asking Price: $1,950,000
    Gross Revenue:$1,755,000
    EBITDA:TBA
    FF&E:$500,000
    Business Description:15 Employees
    Facilities:Monthly Rent: $6,900 Square Footage: 16000
    Reason for Selling:Disinvest
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