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Listed by:

PMJ Productions

Elecast Aluminum And Zinc Diecaster Clarks Summit, Pa For Sale

Clarks Summit, Pennsylvania, US
Asking Price:
$750,000 (USD)
Sales Revenue:
$650,000 (USD)
Cash Flow:
$100K - $250K (USD)

Elecast was founded in 1988.
It is operated as an S corporation.
The company is a zinc and aluminum die caster and parts assembler with three primary specialties: a) Custom die cast aluminum parts manufacturing b) Proprietary line of conduit connector assemblies for motor manufacturers c) Manufacturer of parts for a stainless steel tubing company.
Die casting is a manufacturing process in which molten aluminum metal is injected, under pressure, into a hardened steel die or mold.
Elecast provides high-quality die cast aluminum, zinc, and silica glass parts to a variety of manufacturers across a broad spectrum of industries with a focus on short-run quick turnaround solutions.
The company's customers are national and global original equipment manufacturers.

Property Information

Real Estate:

Real Property Included

Location:

The business is located in Clarks Summit, PA near Scranton.

Scranton, PA is located approximately: 120 miles from New York City, Philadelphia, and Syracuse; 200 miles from Hartford, Albany, and Baltimore; 250 miles from Washington DC; and 290 miles from Boston, MA

Premises Details:

Elecast occupies and owns a 9,500 square foot facility located on 3.5 acres. A Bank appraisal performed in March of 2021 established a market value of the real estate of $450,000. The real estate is included in the sale. A virtual tour of the facility is available upon signing a Confidentiality Agreement.

Size in square feet:
9,500

Business Operation

Expansion Potential:

Elecast has enjoyed a strong, consistent, and profitable history for over 30 years.

Competition / Market:

The company's customers are well-recognized and long-tenured national and international companies.

Reasons for selling:

Other family business interests

Trading hours:

The owner currently runs one shift Monday thru Friday 6:00 AM to 2:00 PM

Plant employees are scheduled based on the manufacturing flow.

Employees:
8
Years established:
33

Other Information

Support & training:

The Sellers will be available for 30 days to assist in the transition of ownership as part of the purchase price. The owner is also available for a mutually agreeable period of paid consulting for up to 3 months.

Financing available:

None

Inventory / Stock value:
$20,000 (USD)

Contact PMJ Productions

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