Hot Listing

Full-Service Machine Shop with Expansive Facility! (38005)

Asking Price$900,000

Cash Flow
$200,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$754,000

Inventory$40,000
Included in asking price
FF&E$700,000
Included in asking price
Real EstateNot Disclosed

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Hot Listing

Full-Service Machine Shop with Expansive Facility! (38005)


Asking Price$900,000

Cash Flow
$200,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$754,000

Inventory$40,000
Included in asking price
FF&E$700,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
This longstanding machine shop has many decades of experience with projects large and small. As a B2B service provider, the industrial client base includes manufacturing, construction, and mining clientele among others. With managers in place the company's core offerings encompass machining parts from a wide range of materials, as well as repairing and rebuilding heavy equipment parts. The Electrical Department repairs and rebuilds motors from 3/4 to 500 horsepower as well. The six employees keep the company’s operations streamlined with some owner oversight. Featuring high-capacity overhead cranes, the spacious facility is over 40,000 Sq ft and includes production, warehouse, and administrative spaces. The building is completely outfitted with state-of-the-art equipment from horizontal and vertical CNC Machines, Lathes, and boring machines to grinders, compressors, drills and hydraulic presses. This company is an excellent add-on opportunity for an existing operation needing additional machines and space to expand, as the facility is not operating at full capacity. The current ownership has kept the business at this size due to preference and is approaching the age of retirement. They are flexible for a negotiable transition and look forward to finding a successor to take the business to the next level. Recovering from the pandemic, the company maintains excellent profit margins targeting $875,000 in sales with $300,000 in profit for 2024. Last year, the company had $754,000 in sales with $200,000 in Discretionary Earnings.
About the Business
Years in Operation
55
Number of Employees
6
Facilities & Assets
Property measuring 40,000+/- square feet is Leased.
About the Sale
Seller Motivation
Approaching retirement.
Transition Support
Flexible for a negotiable transition, a strategic successor can take business to the next level.
Financing Options
Standard SBA-term financing will be negotiable for qualified buyers.
Listing Info
ID
2228790
Listing Views
2638

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Listing ID: 2228790 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.