Factory-High profits!
| Asking Price: | $650,000 | Inventory: | $1,000 ++ |
| Gross Revenue: | $800,624 (comments below) | Real Estate: | $1,900,000 ** |
| Cash Flow: | $202,000 (comments below) | FF&E: | $175,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: Steady and growing! | |||
| Cash Flow Comments: Solid-Seller overseeing business. | |||
Specatacular, established Machine Shop specializing in unique high margin work. Company makes components for order picking conveyers, large special valves for breweries, large valves for rail transport, medical device components for looking inside the body as well as prototype design.
About the Business
Year Established:1967
Employees:4 full time - 1 part time
Facilities:Large,spotless facility with seperate beautiful office and manufacturing area.Office down the hall but well situated to conduct business and oversee operation.
Market Outlook and Competition:Competition is limted at best.This company has many very large customers that turn to them for their machining needs on a regular basis.High quality,quick turnaround work make this operation unique.Growth available as company has no sales force at all.by visiting new customers and Seller will advise, company has growth potential of a serious level!
About the Sale
Management Training and Support:Seller will [provide 4 weeks training at no additional cost!
Reason For Selling:Retirement.seller is in his late 70's.
Seller Financing:To be determined.Seller prefers to sell building as well as business.Great opportunity and it makes financing more available. As package -Business and property Pre-Approved to qualified buyer from Bank!
KEYWORDS: Established for over 40 years, this spotless efficient manufacturer is thriving due to high quality,short run type work that is very precision and foreign companies from Asia simply cannot compete with this company. Business is steady in the 700 K-800 K sales range with a net cash flow of 200 K plus annually. Two story building is also available and the first floor is occupied by the Seller and the second floor is fully rented out office space to tenants that have been with him for many years.Leases in place, good records,low competition and full staff in place.seller puts in less than 30 hours per week, purely in overseeing capacity and visiting customers.
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