Industrial Plating Company Central Indiana

  • Property ID: 397
  • Date added: 11/30/20
  • Broker: Thomas D. Poyser - 317-513-2898 TomAmericanBusiness@gmail.com
  • Asking Price: $ 595,000.00
  • Revenue: $ 689,000.00
  • Cash Flow: $ 158,000.00

Description

Industrial Plating Company Central Indiana

Asking Price:  $595,000     Revenue:  $689,000    Cash Flow:  $158,000
FF&E:  $500,000     Real Estate:  $200,000 (est.)     Established:  1946         Employees:  8FT
Business Description
Profitable, 3rd generation, family-owned plating company operating state-of-the-art processes. All processes are documented based on aerospace and automotive plating standards. Company specializes in hard chrome plating following ASM and ASTM specifications.
Detailed Information
Furniture, Fixtures, & Equipment (FF&E):  Included in the Asking Price
Facilities:  Owned by the business, not included in the purchase price.
Facility is configures for this specific business.  
Approx. 15,000 Sq. Ft. located close to
major interstate highway. On approx. 1 acre. Facility includes three offices,
chemistry lab, operations, and material handling. Real estate is not included in the
Asking Price.
Established:  1946

 

Employees:   8 FT

Competition:  The company specializes in cadmium, hard chrome, sulfamate nickel, zinc, black
zinc, and copper plating has is recognized for it hard chrome capabilities that
differentiates it from its competitors. Lead times and quality are the key drivers
of repeat orders from it aerospace and automotive customers

Growth & Expansion:  The company serves the mid west region and could expand with use of
reps or the addition of a direct sales person.

Support & Training:  30 days within the purchase price

Reason for Selling:  Retirement / Desire to make career change