Equipment Design & Fabrication Machine Shop
Location Texas,United States
Asking Price Range $250K - $500K
Gross Revenues $1051000
Net Profit / Cash Flow $287000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1993
Number of Employees 6 - 9
Inventory 80000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Owner is willing to train and introduce new owners for a smooth transition. Exact terms can be negiotiated.
Reason for Sale Retirement & health issues.
Description ** Purchase Price Reduced to $450,000 ** This company provides custom design & development of highly specialized automation systems for manufacturing and industry. They are specialized in systems and subsystems for assembly & manufacturing automation. They are a leading automation house with years of in-depth experience and technological expertise. Client list is extensive and very well known. They provide complete solutions from concept to installation. Owner owns property and leases back to company. Sales price is contingent on buyer signing a 10 year lease on the facility with the business owner. 10,000 sq. ft. at $5,000/mo. Competitors do not work on projects under $100,000 leaving an open market. If a sales staff was added, more projects would result. Owner is only involved on a part-time basis. New active management could take this company to a higher level. Email or contact Tom Given at 915-585-1900 for more information on this Equipment Design & Fabrication Machine Shop for sale.
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