Engineering, Machining & Fabrication
Location: Tennessee > Middle TN
Industry: Machinery > Other Machinery
Financials
Asking Price: $2,200,000
Gross Revenue: $680,337
Cash Flow: $217,188
Inventory: $30,000 (Included in Asking Price)
FF&E: $750,000 (Included in Asking Price)
Real Estate: $970,000 (Included in Asking Price)
Seller Financing: Negotiable
Business Summary
Fabricated custom parts to order, manufacturing opportunity strategically positioned to be taken to the next level. This business was purchased by the partners out of chapter eleven and restored specifically for rapid growth and resale. The owners developed a three year plan to return the business to profitability then resell it. They are two years into the plan and are already profitable. They are putting the business up for sale now as part of that three year plan. The future for this business has become even brighter due to new industry moving into the area and the retooling being done by the auto industry.
About the Business
Year Established: 1986
Employees: 12 full time - 2 part time
Facilities: 27,598 Square Feet. (3,836 SF office / 23,762 shop/warehouse. On 4 acres of land. Zoned I-1 Restricted Manufacturing and warehousing.
Market Outlook and Competition: 4 acres of land surrounding the existing business can be used for facilities expansion.
About the Sale
Management Training and Support: The seller will provide training and support through a transition period between one to three months.
Reason For Selling: Other business interests.
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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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