Off Market
Off Market
Established Metal Spinning Business
$400,000
Kern County, CA
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Gross Revenue
$580,766
Owner's Cash Flow
$154,925
Min Down Payment
$40,000
Employees
5FT
Business Summary
The business stands as a testament to decades of expertise and dedication. Established in 1971 as a screw machine business in Chicago, it evolved into a metal spinning and stamping enterprise under the ownership of the current owner. The business transitioned to Kern County in 1979, expanding its capabilities and offerings.
Key Highlights
Year established
1971
Real estate
Owned will sell or lease
Real estate asking price
$800,000
Reason for selling
The decision to sell the business is driven by the owner's plans to retire.
Support and training
The owner has a comprehensive transition plan and is open for open to stay on for an extended period of time.
Broker of Record
Jon Nesbitt, CA License #1002237
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Consolidated Cashflow
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Gross Revenue | $4,407 | $4,904 | $2,220 |
| COGS | $9,833 | $9,012 | $790 |
| Gross Income | ($5,426) | ($4,108) | $1,430 |
| Operating Expenses | $8,911 | $710 | $4,474 |
| Operating Incomes | ($14,337) | ($4,818) | ($3,044) |
| Net Other Income (Expenses) | ($5,358) | ($3,248) | ($3,647) |
| Net Income | ($19,695) | ($8,066) | ($6,691) |
| Interest | $6,004 | $6,858 | $585 |
| Depreciation | $4,175 | $986 | $6,175 |
| Amortization | $9,846 | $691 | $9,182 |
| EBITDA | $330 | $469 | $9,251 |
| Add-backs | $57,489 | $64,594 | $62,376 |
| Owner's Cash Flow | $57,819 | $65,063 | $71,627 |
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Projected Free Cash Flow
