Established Tool Shop To Buy
Location New Jersey,United States
Asking Price Range $250K - $500K
Gross Revenues $110000
Net Profit / Cash Flow $82600
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1970
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Reason for Sale Other business interest.
Description One of its kind opportunity to own both business and property (property available through owner)! This well known machine shop has an excellent reputation and has been established for 40 years. Recurring business of hundreds of long-term customers, and has become a trusted business partner of the largest power tool manufacturers, being only one of a select few authorized service center for the top tool manufacturers. Its customer base is comprised of trade contractors and other professional consumers of power tools and related industrial tools, equipment, accessories and technology. Property is also available asking price $1 Million. Rental income from property is $42,000 p/a. Asking price is $325,000 with $350,000 down which includes all machines, tools and inventories. If you're looking for an established turn-key machine shop business with major upside potential, this is a definite must see so inquire now. Property is available through owner.
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