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Businesses For Sale   >>   Rhode Island Businesses For Sale Categories   >>   

Machine Shop With Repeat Clientele

Location  Rhode Island,United States
Asking Price Range  $250K - $500K
Gross Revenues  $383202
Net Profit / Cash Flow  $155000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1993
Number of Employees  1 - 3
Inventory  278000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  Owner willing to stay on as an employee
Reason for Sale  Owner wants to retire
Description  This well established machine shop focuses on milling (55%) and turning (45%). Welding services are also available. The customer base is industrial companies mostly in New England but also in other areas around the country. They specialize in repeat smaller runs of product. The current ownership turns down additional work on a regular basis as they see no need to grow at this time. The shop itself could handle growth with room for four more machinists. This is a great chance for a machinist to get into business and with some additional effort to grow.
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