Small Cincinnati machine shop available at bargain price.
Business Description
Underperforming Greater Cincinnati machine shop with 37-year history and high profile customers. Owner inactive because of other business interests.
Focuses on replacing wear parts that customers use in their manufacturing processes. It also produces short-run parts, assemblies, and custom fixtures.
Can appeal to two types of machine shop owners: (1) A shop needing more space and sales can purchase the business and operate at it's current location, or (2) Move the business (inventory and equipment as needed) to the buyer’s location, eliminating most of the current overhead. In both cases, the priced-to-sell asking price is inventory at cost, equipment at fair market value, and future payments tied to sales.
Property available for purchase or lease.
Focuses on replacing wear parts that customers use in their manufacturing processes. It also produces short-run parts, assemblies, and custom fixtures.
Can appeal to two types of machine shop owners: (1) A shop needing more space and sales can purchase the business and operate at it's current location, or (2) Move the business (inventory and equipment as needed) to the buyer’s location, eliminating most of the current overhead. In both cases, the priced-to-sell asking price is inventory at cost, equipment at fair market value, and future payments tied to sales.
Property available for purchase or lease.
About the Business
- Years in Operation
- 23
- Employees
- 7 (4 Full-time, 3 Part-time)
- Currently Relocatable
- Yes
- Facilities & Assets
- The facility is centrally located to reach all parts of the Tri-State
- Opportunities for Growth
- At one time, under active management, the businesss was generating $1.2 - $1.3M sales and $250-$250K EBITDA
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 16,000
About the Sale
- Seller Motivation
- Retirement
Listing Info
- ID
- 2483029
- Listing Views
Listing ID: 2483029 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.
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