Businesses For Sale: FASTENER MANUFACTURER

[Premier Business Businesses for Sale Broker]

[Businesses for Sale]

EXECUTIVE SUMMARY
PBG Reference No.: S501
FASTENER MANUFACTURER
Specializing in producing semi-tublar rivets

We are pleased to present this business opportunity for your review. Premier Business Group, Ltd. is one of the leading business brokerage firms in the Midwest. We specialize in representing manufacturing, distribution and service companies in the divestiture process. The Seller pays our fees; there is no monetary obligation to prospective purchasers. Premiers' expertise includes assisting in structuring the transaction and financing. We encourage you to make an appointment with the broker listed on this offering to discuss your needs, to obtain further information regarding the company you are inquiring about, and to receive information on other companies that may be of interest.

Since 1990 this fastener manufacturing company has been serving the electrical and window industry, producing semi-tubular rivets. They assemble all parts to their customer’s specifications and prints, manufacturing rivets in steel, stainless steel, aluminum, copper, and brass.

With the ability to do both internal and external threading, they have earned an outstanding reputation in a niche market, and offer their customers excellent service and quality parts delivered on time.

This company is located just outside of the United States and has developed several unique niche markets. The majority of the products remain in the country; however the company exports to several countries including the United States. While the company has a proven track record of steady growth with increased sales and profits, there has been no aggressive marketing effort. There are tremendous opportunities for growth both in terms of reaching new markets, and developing stronger relationships with the manufacturers in the United States.

FINANCIAL HIGHLIGHTS

2008 2007 2006

SALES $1,992,643 $2,312,529 $2,435,762

EBITDAS*
(Adjusted Net) $   378,602 Estimate $   436,612 $   493,309

* Earnings before Interest, Taxes, Depreciation, Amortization, and Owners Salary.

DEAL STRUCTURE

“Open to Offer”

Net Working Capital

Included in the purchase price will be net working capital. (Net Working Capital will be defined as Accounts Receivable and Inventory less Accounts Payable).

All furniture, fixtures and equipment, computer hardware, software and supplies will be included in the sale. The seller’s personal items and vehicles will be excluded. The assets of the business are to be sold free and clear of all claims, debts, liens, or other liabilities, with the buyer receiving a good and marketable title.

At closing, should the net working capital differ from the agreed upon amount, there will be a corresponding adjustment in the purchase price.

Assets Included Amount

Fixed Assets $   850,000

Inventory $   241,054

Accounts Receivable $   470,734

Total $1,561,782

Liabilities Include: $ 112,782

INFORMATION SUMMARY

Location: US Commonwealth

Established: 1990

Ownership: Corporation

Facilities: 11,000 square feet

Rent: $3,250 monthly

Employees: 21 non-union

Hours of Operation: M-F 6:30 AM-10:30 PM

Reason For Sale: Retirement

Training: As needed for a smooth transition

MARKETING AGENT

Premier Business Group, Ltd.
1130 Lake Cook Road, Suite 210,
Buffalo Grove, IL 60089
847/465-9000

This information is provided for discussion purposes only. No representation is made by Broker as to the accuracy of the information provided or any other information supplied. Broker encourages the Prospect to thoroughly review and independently verify to his own satisfaction that the information provided is substantially representative of the business activity.