Machine And Fab Shop
Location Tennessee,United States
Asking Price Range < $250K
Gross Revenues $217300
Net Profit / Cash Flow $41932
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1980
Number of Employees 1 - 3
Inventory 122000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training The seller will conduct a 30 day transition period at no cost to the buyer immediately following the closing. He would also be available for further consulting beyond the transition period as agreed upon by the seller and the buyer
Reason for Sale Owner has health issues.
Description Quality producing machine and fabrication shop with tremendous growth potential is available with real estate in Middle Tennessee in university town. This business has a long running excellent reputation which will continue through transition to the new owner. The current owner has health problems that have prohibited the company from meeting its growth potential. It is clear that the new owner with the experience and the right qualities could immediately expand production and revenue as a working owner and as a marketing arm to acquire new business. Taking this company to the next level will require new energy with the reward being continued satisfied customers and new customers and for the new owner monetary rewards. *Financials are based on a 3 year average.
There are many opportunities for growth as the city is rapidly growing. The owner, due to his health, is not operating the Company to its fullest potential. New sales have stopped thus only relying on his repeat customers. A new owner will be able to increase revenues very quickly.
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