Under Contract Profitable Machine Shop doing Repairs & Short Runs

Sale Pending

Asking Price$2,489,000

Cash Flow
$711,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,250,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Under Contract Profitable Machine Shop doing Repairs & Short Runs


Sale Pending

Asking Price$2,489,000

Cash Flow
$711,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,250,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
This machine shop specializes in doing repairs and small quantity parts for various companies and individuals located within a 75 to 100 mile radius of Greensboro, NC. Much of the work they do is on manual equipment as there is very little competition in this space. As a result, they have much higher than average margins on their work. Typically the labor is quoted at $150 per hour or higher and they often times do the work well under their budgeted time. There are 5 machinists but the owner does work also. The company has been established for a number of decades and there is an opportunity to grow the business dramatically as the demand is there. They often turn down work. To grow it one would need to hire some additional machinists. Listing Broker is Bill Law cell 704-904-6624 bill@sunbeltbrokers.biz
Listing Info
ID
2356158
Listing Views
2012

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Business Listed by: Sunbelt Charlotte Sunbelt Business Brokers Charlotte

Listing ID: 2356158 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.