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Machine Shop - Solid Repeat Business, 22 Years

Location  Texas,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $2520000
Net Profit / Cash Flow  $578812
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1990
Number of Employees  6 - 9
Inventory  742150
Relocatable  Not Disclosed
Number of Employees  6 - 9
Real Estate  Owned
Training  3 months free training and 1 year phone consultation as needed
Reason for Sale  Retiring
Description  This is a NO BRAINER! This is a fantastic Machine Shop with everything in place. It has a super relationship with all their clients and a 22 year proven track record with all the books and records. This shop specializes in Long Runs and High Volume work, not on single item one piece walk in business. It also has a very impressive long term clientele and makes parts for certain segments in the oil industry that is a gold mine. The parts they make are used in pumps that have to be replaced on a bi-weekly or more. This business, is very profitable netting a 26% return on sales. It has $667,150 in furniture, fixtures, and equipment, and includes 31 machines Mills, Lathes, Etc. 10 are CNC Machines (Hardinge and Morseiki Brands). Land and Building Value is $400,000. The Business is very strong and they have recently added a second shift to keep up with demand. Current Business includes + High Pressure Pump Parts, Frac Pumps and High Pressure Washing Equipment (15 50K P.S.I) + Conveyor Parts used by U.P.S., FedEx, Airports, Walmart, and J.C. Penney s + Oil Field Equipment Parts + Parts for Water Measuring Equipment This shop specializes in Long Runs and High Volume. It has a great reputation for competitive pricing, excellent Quality, and 100% on time delivery. Jump on the fact the owner is ready to retire and make this proven money maker yours! Facilities: This business includes the real estate. It has approximately.55 Acres of Land with 16,000 sq. ft. Building, all air conditioned. The shop is approx. 13,728 sq. ft. Office is approx. 2272 sq. ft. with 7 offices and a break area. Competition: There are many shops - but this shop has built their reputation on Price, Quality and Timely Deliveries. AND has a healthy relationship with the companies they deal with.
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