Cutting Edge Industrial Design & Prototyping Business

Cutting Edge Industrial Design & Prototyping Business:

This cutting-edge Company provides design prototyping development support and solutions to a wide variety of Fortune 500 clients by providing them with high quality model making services that give their designs the best opportunity for success. From traditional handcrafting techniques to utilizing state-of-the-art 3D processes, the Company strives to provide the most believable models for applications in conceptual studies, design validation, marketing samples, and engineering.

Key Strengths or Product Focus:
– Turnkey operation, consistently profitable, with tremendous upside potential
– Established, long-term, recurring revenue from S & P 500 clientele
– Excellent facility layout and location, near major highways (relocatable)
– 10+ Long-term, experienced design engineering employees

Number of Employees:  12 (including 7 Experienced Modelers)

Facilities:  

Conveniently located in the northern part of Cincinnati, Ohio and offers convenient access to I-75, I-71 & I-275.

The facility has an excellent layout and is approximately 10,750 square feet, of which 20% is office space and 80% is design, warehouse and storage space.

The current lease expires January 31, 2022 at a rate of $6,302 per month. Included in the lease is a right to extend the term for an additional three (3) years.

Support/Training:

The business currently has a team of highly trained and qualified individuals in place, so training will not be an issue. The seller is willing to stay on for 6 months to allow for a smooth transition.

Reason for selling:   Seller is in his early 70’s.  As a result, he would like to retire soon.

Revenue:  $1,216,573 (Average past 5 years)

Cash Flow:  $214,613 (Average past 5 years)

F, F & E:  $367,450 (included)

Sell Price:  $519,000

Seller Financing:  Available

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Call Mike Lohbeck today at:  513-200-0247

Mike@MGLBusinesssolutions.com

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