BusinessQuest Brokers

Business Valuation • Business Brokers • M&A Brokers
Inland Empire • Los Angeles • Orange County • California

Sell a Business • Valuation

Business for Sale • Exit Plan

(800) 589-1286 Ext: 701

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IN YOUR BUSINESS™

Business for Sale:
Cleco Temporary Fastener Distributor

County: Southern California, CA
Business ID: 24003

Complete Non-Disclosure AgreementPrint this Listing

Responsible Broker: Ed Fixen, (909) 636-9827
DRE License No: 01773606

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Financial Summary

Price: $750,000

Down Payment: $750,000

Sales: $1,076,000

Cash Flow: Call/Ask

Inventory: $300,000

Inventory Included: Yes

FF&E: $65,000

Monthly Lease: Call/Ask

General Information

Financing: No

Year Established: 0

# Employees: 8

Facility Size: 0 sq. ft.

Training: 2 weeks

Reason for Sale: Spin-Off of Business Unit by Parent Company

Business Summary

Contact business broker to learn more about this opportunity to acquire a relatively simple to operate and turnkey manufacturing, assembly and distribution business for a world recognized brand name in the aerospace industry. Cleco is the industry leading brand name product for temporary fasteners used in sheet metal fabrication to hold together sheet metal parts during assembly and welding. This business manufactures and distributes the Cleco temporary fastener product line to customers via direct sales, Amazon and Ebay sales channels. The parent company is selling this Cleco division to focus on aerospace fly-away parts and products. Assets of the business sale include eleven punch presses, tumbler, form stamper, assembly equipment, inventory, product drawings and intellectual property rights to sell the Cleco temporary fastener product line. Since the business is being spun-off from its parent company, the equipment, inventory and employees will need to be relocated to new space, ideally within an existing facility. It is contemplated that the business will need approximately 2,000 sq. ft. for fabrication, assembly and inventory storage operations in a light manufacturing facility not including administrative/office space. The seller will move the fixtures and equipment for the new owner, assist with setup and provide transition training as part of the sale. The business also includes eight (8) highly-experienced fabrication/assembly employees and it is contemplated that the business would integrate seamlessly into an existing manufacturing/assembly business or only need a single operating owner if acquired as a stand-alone business.

Disclaimer

BusinessQuest® (“Broker”) has made no independent investigation or verification of any representation, warranty, document, or information presented by the seller herein. Prospective buyer is responsible for their own independent investigation with respect to such items and is advised by Broker to do so and to obtain the appropriate counsel from legal, accounting and other professionals concerning this business opportunity.