Absentee High Precision Machine Shop

Business
  • Listing# : 14683
  • Listed Price : $525,000
  • Total Sales : $718,144
  • SIC : 3544
  • Down Payment : $525,000
  • Status : Closed
  • Discretionary Earnings : N/A

Business Type :

Machine Shop / Machine Shop/Metal

Business Description :

This well-established machine shop offers precision CNC milling, lathe, sub-assembly work such as Welding (TIG & MIG), Electronic Component Assembly, Fabrication Machining. This business has ample technical background and facility space resources to meet its customer assembly needs and they work with their customer's development and manufacturing engineers in achieving ways to optimize output and quality of their end products. It recently won a new project that should contribute an additional $100,000 in revenues in 2019. This business could be a good roll up play for an existing business. In addition to having an absentee owner who has no day to day involvement with the business, the operations manager is based on the West Coast and manages the business remotely.






Assets/Liabilities:

    • Accounts Receivable $169,531
    • Incl : Yes
    • Real Estate $0
    • Incl : Available
    • Inventory $10,015
    • Incl : Yes
    • Liabilities $111,455
    • Incl : Yes
    • FF&E $483,219
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $4,877
    • Incl : Yes
    • Total Assets $667,642
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Machine Shop