Established and Diversified Machine Shop with Potential for Growth
Location: California > Los Angeles County
Industry: Manufacturing > Metals Components Manufacturing
Financials
Asking Price: $450,000
Gross Revenue: $600,000
Cash Flow: $300,000
FF&E: $125,000 (Included in Asking Price)
Seller Financing: None
Business Summary
This is a diversified machine shop with a 25 year history specializing in the manufacturing of prototype and production parts for aerospace and commercial clients. This job shop has a well established reputation within the industry for quality workmanship and skilled employees. The company at one point had 35 employees and worked double shifts to accommodate annual revenues approaching $3,000,000.00. This is an excellent opportunity for someone seeking a maching operation with an infrastructure and continuity in management with an upside to growth and revenue. This Machine Shop Offers An Excellent Return On Investment As It Requires A 90,000.00 Down Payment With A Debt Service Of Approximately 50,000.00 Per Annum With A Resulting Net Cash Flow Of Approximately 250,000.00 For 250% Return On Investment.
About the Business
Year Established: 1980
Employees: 5 full time -
Facilities: The business operates out of three industrial park suites totaling 4,500 square feet of space. The rent is $3,000.00 per month with the current lease term expiring in February of 2008.
Market Outlook and Competition: The company uses an outside salesperson to obtain new accounts, as well as distributing fliers and brochures to potential new accounts. The company also obtains new accounts by word of mouth and referrals. A new buyer may look into using more salespeople to obtain new accounts and continue to work with them on a commission basis.
About the Sale
Management Training and Support: The seller will stay on to ensure a smooth transition for the new buyer. The seller is also willing to assist the buyer in revitalizing the revenue base.
Reason For Selling: Partnership dissolution.
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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. Please review the full Disclaimer here.
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