Machine shop

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Asking Price:
$350,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$7,000
included in asking price

FF&E:
$250,000
included in asking price

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Business Description

This machine shop has a full list of equipment, welders, break, shear, lathe, drills, mobile trucks and tons of small tools, tables and equipment.

Must sell, health issues, and the best solution would be for someone to take over and assume the business going forward.

Little in the way of financial info as the owner has been ill for two years. Need to see.

About the Business

Year Established:
1985
Number of Employees:
0
Real Estate:
Leased
Building Sq. Ft.:
5,000
Lease Amount/Mo.:
$3,000.00
Lease Expiration:
12/31/2018
Facilities:
Well-equipped 5,000 sf building with complete set of equipment. Ready to go. Potential for work in the ship yards, historically did a lot of industrial pipe welding, mobile units.
Market Outlook/
Competition:
Their brand of repair, make anything out of metal (aluminum, stainless steel, steel) could be focused toward specialized supplies as the equipment is able to make a wide variety
Growth & Expansion:
The ship yards, other manufacturers, industrial pipe. Welding. Fabrication.
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About the Sale

Reason For Selling:
Health
Training/Support:
Owner would like to stay on for several years, as health allows.

Listing Info

ID:
1431991
Ad Detail Views:
804

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Business Listed by

Bob Peterson

NBB Company

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U.S. Census Data for Chesapeake city County, VA
Age

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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Chesapeake city County, VA
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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