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Machine Shop / Job Shop
Location California,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1275291
Net Profit / Cash Flow $503108
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1977
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training 4 weeks at 25-30 hours per week following close of escrow
Reason for Sale Health / retiring
Description Owner is retiring after running a one of a kind successful machine shop/job shop. The company specializes in doing large and extra-large heavy industrial parts business. Clients include other machine shops and manufacturing companies. The company has a complete facility for fabricating, rebuilding, grinding, metal spraying, balancing and engineering. Additionally, they perform heavy duty repair and re-manufacturing. Processes include forging, chrome plating, hydraulics, pumps, and the repair of plastic parts. They perform both preventive and required maintenance on machine tools along with repairing equipment for other shops. Roughly half their business is machining products that will be resold by their customer (no sales tax) and half is work done for part used directly by their customers in their manufacturing processes (sales Tax). Most of their business is repeat and referral; consequently they have never had a sales team or advertised for business. This is a good candidate for a company or individual with an excess of demand or marketing ability that can harness this companies under-used capacity. A second shift can easily be added. Additionally, companies that outsource work to other machine ships can use this company to bring that work in-house while continuing to enjoy a substantial revenue stream from the acquired companies existing business. For more information, please email or contact Joseph Goldberg at (818) 342-5222 ext. 313.
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