ISO Aerospace Machine Shop For Sale
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $600000
Net Profit / Cash Flow $150000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1974
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Seller will train.
Reason for Sale Retirement.
Description Machine shop in Los Angeles for sale is a forty year old established ISO certified operation. The company's primary customer base is in the aerospace sector. The owners are looking to retire, but will be more than willing to assist a new owner in a seamless transition. The owners also own the building and are willing to sell the business and the building together. The property has not been recently appraised but is probably in the $750,000 range. The equipment is older vintage but still very serviceable and the two machinists are very proficient with it. The company makes parts for all the usual suspects in the industry and has long relationships with the primary contractors. An ideal buyer would be someone with connections in the industry and a strong sales and marketing background as this is the primary current weakness. The business has done twice the current volume in the past and there is no current outside sales force to drive sales. Email or call Kendric Foultz at 310-968-2369 for more information on this ISO aerospace machine shop for sale.
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