Gasket Manufacturing Business
SOLD - NEO Business Advisors represented a strategic buyer in the acquisition of a Gasket Manufacturing and Distribution business in Central Ohio. The buyer completed a platform acquisition in the gasket manufacturing space through NEO in 2021 and was seeking Add-On Acquisitions to grow the business and realize better economies of scale while adding new geographic territories, enhancing their capabilities offerings, diversifying their customer base and end market industries, and expanding their highly skilled team of employees.
Asking Price: $1,500,000
Gross Revenue: $1,850,000
Cash Flow: $350,000
FF&E: $400,000 Included? Yes
Inventory: $300,000 Included? Yes
Real Estate: Leased Included? No
Building Size: 14,000 SF
Employees: 16 Employees (including owner)
The buyer is seeking follow on acquisitions to scale the business through industry consolidation and economies of scale. If you are looking to sell a similar business, please contact Nick Fares at [email protected] regarding an introduction to our client.
Do you have a similar business you are considering selling or are you looking to buy a business like this?
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