Offers sheet metal fabrications and stampings, along with machining, tooling, welding, ass...
Financials
Asking Price
N/A
Revenue
$9.3M
Earnings
$1.9M
Financial History
Headline
Sheet Metal and Stampings Company offers sheet metal fabrications and stampings. They also provide machining, tooling, welding, assembly, and engineering and development.
Clients
Their client base is 95% commercial.
Revenue Type
Revenue is generated from purchase orders which vary in volume. Agreements are arranged over time periods of months to one year.
Reason for Selling
The owner recently rejected an offer at around 7 times EBITDA due to the undesirable deal structure. Now the owner is looking for a new buyer.
Looking For
The owner is looking for a better deal structure that allows him to stay on in a transitional role and take care of existing employees.
Other
Earnings metrics reflect SDE. The owner's son currently runs day-to-day operations.