Precision Machine Shop With Contracts
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $667000
Net Profit / Cash Flow $182182
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1990
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train.
Reason for Sale Personal.
Description Precision Machine Shop w/Contracts. The seller has started another job with another firm and is very motivated to sell. They primarily handle commercial machining (aerospace, defense, medical, etc). They also offer custom injection molding and mold making product design. They can machine all metals from aluminum to stainless steel. The biggest customer provided over $170K in sales and has a guaranteed contract. This is a small operation with great upside. They currently have no website, no sales staff and no advertising. Despite this, they grossed $436,714.00 last year with a net of approx. $140,000.00. There are 100% provable figures. In fact, the equipment alone was appraised at a minimum of $125K if it went to auction. The owner handles all client interaction, sales, marketing, etc. There are two skilled guys in the shop who will stay on. This is a great opportunity for someone in the business looking to expand. We are looking for a serious and qualified buyer with experience in this industry. Call or email Mel Vaz today to learn more at 631-909-1095.
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