Swiss Screw Machine Shop

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Owner Operator Great Business
Asking Price:
$627,500

Gross Revenue:
$500,000
Cash Flow:
$250,000
EBITDA:
$146,000
Inventory:
$25,000
included in asking price

FF&E:
$500,000
included in asking price

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Business Description

IN ESCROW. Will consider backup offers. Back On The Market, Financing Fell Through. This very profitable precision Swiss screw machine was established in 1999. The pride of ownership has led the owners to the successful business that they enjoy today. The business is comprised primarily of four Citizen Star machines that were all purchase new 2003, 2005 and 2009. The equipment has had very light single shift use with full time supervision of the owner. No crashes and very meticulous maintenance. All machines are fully equipped with extensive upgrades, bar feeders, and accessories.

The business primarily specializes in the commercial, defense,medical, dental, and aerospace industries. They anticipate ISO 13485 certification in mid 2018.

The modern and clean facility shows very well. It is an impressive operation. 2 1/2 years remain on the existing lease of approximately 3,000 s.f. at a low market rent of $2,721/Month. This business is currently best suited for an owner operator to maintain the current 50% profit margin. Sales and Profits are up and growing.

About the Business

Year Established:
1999
Number of Employees:
4
Real Estate:
Leased
Building Sq. Ft.:
3,000
Lease Rate/Sq. Ft./Mo.:
$2,721.00
Lease Expiration:
8/31/2020
Facilities:
Modern and clean fully equipped shop with everything included to maintain and grow this profitable business.
Market Outlook/
Competition:
This is a cutting edge high quality facility.
Growth & Expansion:
ISO 13485 Certification expected in late 2018. Seller is forecasting up to a 50% increase in sales and a corresponding increase in net profits.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
To be determined, as needed.

Listing Info

ID:
1496429
Ad Detail Views:
2903

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Business Listed by

Larry Hollander

Larry Hollander
License# 01904811

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