Machine Shop

  • Listing# : 13154
  • Listed Price : $3,200,000
  • Total Sales : $2,401,328
  • SIC : 3599
  • Down Payment : $3,200,000
  • Status : Closed
  • Discretionary Earnings : $784,400

Business Type :

Machine Shop / Machine Shop/Metal

Business Description :

After 17 years as a machinist with a large multi-national corporation, the owner founded the Company in 1988. Beginning as the only employee, the owner has seen continuous growth in revenue and profits and currently has 16 full-time employees. The Company has a diversified customer base with a total of about 40% of revenues spread across customers in the industrial and maintenance sector. The Company's customers also include those in the arms and oil and gas industries.  

Assets/Liabilities:

    • Accounts Receivable $306,015
    • Incl : No
    • Real Estate $0
    • Incl :
    • Inventory $224,524
    • Incl : Yes
    • Liabilities $538,131
    • Incl : No
    • FF&E $1,165,000
    • Incl : Yes
    • Other: $124,732
    • Incl : Yes
    • Leasehold $0
    • Incl :
    • Total Assets $1,514,256
    • Incl : Yes

Lender Prequalified: No

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Machine Shop