Established Machine Shop - Seller Financing

Business
  • Listing# : 14862
  • Listed Price : $299,889
  • Total Sales : $271,169
  • SIC : 3599
  • Down Payment : $99,000
  • Status : Active
  • Discretionary Earnings : $117,211

Business Type :

Machine Shop / Machine Shop/Metal

Business Description :

A very established and successful machine shop, founded in 1963. The current owner purchased the business in 1996 and has operated it since then. The business started in a small rental space and expanded to its current, updated location. All machines have been very well-maintained and are in excellent condition. Current staff includes one full-time machinist and the owner works part-time. There is capacity to hire additional full-time machinists to grow revenue and accommodate additional sales. This shop is one of the few machine shops who will take walk-in work or small, one-time jobs (which leads to more business opportunity). Seller Financing available to qualified buyer.

Assets/Liabilities:

    • Accounts Receivable $10,332
    • Incl : No
    • Real Estate $0
    • Incl :
    • Inventory $0
    • Incl :
    • Liabilities $25,969
    • Incl : No
    • FF&E $224,521
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $224,521
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Machine Shop