Profitable Machine Shop
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $450000
Net Profit / Cash Flow $210000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2005
Number of Employees 4 - 5
Inventory 600000
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training 30 days free - paid consulting after.
Reason for Sale Other business interests.
Description This profitable CNC machine shop can double it's sales under an energetic new owner. It has good customers and good employees and all computerized machining centers capable of producing large and small parts.
It leases a nice 4,500-sq-ft building with plenty of space for operations located close to 2 freeways. It does little advertising and gets the majority of its new customers through referrals.
The owner might be willing to stay on part-time after the business sale for up to six months to help facilitate a smooth transition.
There is around $200,000 in equipment leases that can be assumed by the new owner.
The shop is organized as an S corporation and is registered to do work direct for the government.
The present backlog is over $100,000 including Navy and Army contracts.
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