Machine Shop - Unbelievable Opportunity
Location Texas,United States
Asking Price Range $250K - $500K
Gross Revenues $1000000
Net Profit / Cash Flow $78712
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1969
Number of Employees 4 - 5
Inventory 300000
Relocatable Yes
Number of Employees 4 - 5
Real Estate Owned
Training Is Available.
Reason for Sale Retirement.
Description This company was established in 1969 and has done well over the years. The owners are semi-retired and now wish to retire completely and travel. The company has accepted a wide range of jobs from aviation, automotive, industrial and manufacturing. There are also two products that this company makes for the recreational vehicle market and auto body industry that has not been marketed to any national or local distributors. It would be possible to expand into other areas.
This is a great opportunity for someone wanting to go into this business or someone already in the business who needs more capacity. The building is also designed in such a way that part of it could be walled off and rented to generate additional income.
This is a nice 7,700 square foot building near major roads and highways. Property covers 26,600 square feet with 200 feet of frontage. This business is nicely situated between two major metropolitan areas. Inquire for the complete list of equipment.
This is an industrial area near airports, manufacturing facilities, rail roads and homes. There are a few machine shops that might handle the size or volume that this one is capable of. Industry is on a growth curve and economy is high thereby negating any real competitive environment. This is a must see business for a serious buyer. The owners have been semi-retired and have no interest in building this business. There is the opportunity to continue to operate this business and build it back to former sales levels which in 2004 were at $1,583,749.00. With new younger and more energetic blood this business is capable of much more. Asking only $550,000.00 for property, equipment, furnishings, tools and inventory. Property is on the local tax role at $240,000. Which is less than market value and equipment is estimated at $300,000 or more. This is a must see opportunity for a qualified serious buyer. Contact for more information on this Machine Shop business for sale.
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