Machine Shop--Business is Thriving

Business
  • Listing# : 15881
  • Listed Price : $500,000
  • Total Sales : $413,242
  • SIC : 3599
  • Down Payment : $50,000
  • Status : Active
  • Discretionary Earnings : $149,419

Business Type :

Machine Shop / Machine Shop/Metal

Business Description :

The business was started by the current owner's father in 1972 (48 years ago).  The current owner got involved in 1982.  They machine/manufacture custom parts for a wide variety of commercial accounts. Ultimately, many of the parts end up in a product produced by a Fortune 500 company. The business is thriving and continues to grow. Actually, the business had their best revenue month in April, 2020, which was in the middle of a pandemic. The business did not close because they were providing parts to companies deemed to be essential.  Purchase orders continued to pour in during a period of time that was difficult for many other businesses.


Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $5,000
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $300,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $305,000
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Machine Shop
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