SBA Approved Semi Absentee High Profit Manufacturing Company for Sale
Asking Price: $ 4,900,000
Location: Riverside County
Down Payment: SBA Pre-approved
Total Sales: $ 3,065,000
Discretionary Earnings: $ 1,150,000
This is a great chance to own a SBA pre-approved specialty manufacturing company that is currently semi-absentee managed. The owner works part-time hours only, and in his own words, “just comes in to count his money”.
Company is a metal products specialty manufacturing firm whose products are sold to other manufacturing companies for use in their own operations.
The company also has a unique US government awarded contract (that owner states only they can service) which is a multi-year award that delivers very high margins and returns. The contract is for US DOD, but the specific deliverable is non-aggressive military use. The company must not be owned by a foreign national, however, as this contract can only be awarded to a US firm.
Located in Riverside County, California. The real estate may be leased or purchased as the seller also owns the property. Current estimate of property value is $1.45M. A property purchase inclusion may work to lengthen the SBA bank financing, making a total purchase even more cash-flow friendly.