ASKING PRICE: $850,000
LOCATION: Clarks Summit, PA
Gross Revenue: $650,000
Real Estate: $327,000
*not included in asking price.
Elecast: Profitable Aluminum and Zinc Diecaster with real estate Clarks Summit,
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.
Clarks Summit, PA
Not included in asking price
Included in asking price
Elecast occupies and owns a 9,500 square foot facility located on 3.5 acres. A Bank appraisal performed in March of 2015 established a market value of the real estate of $327,000. The real estate is included in the sale. A virtual tour of the facility is available upon signing a Confidentiality Agreement.
The company’s customers are well-recognized and long-tenured national and international companies.
Growth & Expansion:
Elecast has enjoyed a strong, consistent, and profitable history for over 30 years.
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 up to 6 months.
Reason for Selling:
Other family business interests.