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Businesses For Sale   >>   Metals Manufacturing Businesses For Sale

Highly Profitable Machine Shop & Repairs

Location  North Carolina,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $1000000
Net Profit / Cash Flow  $310000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1967
Number of Employees  4 - 5
Inventory  405000
Relocatable  No
Number of Employees  4 - 5
Real Estate  Owned
Training  Seller will provide training
Reason for Sale  Retirement

Description  
The owner of this Machine Shop is ready to retire and motivated to sell. There is no money owed on any of his equipment and will consider some owner financing. There are 4 full time machinists that earn $20 per hour or more. Work is estimated at about $125 per hour which results in high margins and profits. The owner visits customers, quotes jobs and delivers parts. One other employee also quotes work and has some contact with customers. The facility consists of approximately 15,000 SF and is an older facility near Charlotte Metro. Rent is $2,000 per month and is owned by the company. It may be purchased or leased. There is no formal appraisal on the real estate but is believed to have a value of approximately $250,000. This business has been priced aggressively to attract a quick sale. For more information, contact the listing broker Bill Law at 704-644-1141.


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