Quality Precision Grinding Machining Company for Sale

Business
  • Listing# : 13011
  • Listed Price : $300,000
  • Total Sales : $725,280
  • SIC : 3479-10
  • Down Payment : $300,000
  • Status : Closed
  • Discretionary Earnings : $148,752

Business Type :

Machine Shop / Machine Shop/Metal

Business Description :

This machining company does tight tolerance (as close as 2/10 of a 1000th of an inch) precision grinding on various raw materials including aluminum, steel, stainless steel, plastics, and rubber. They have about 500 customers of which about 50 are active. They have three Blanchard grinding machines, the largest of which is 84 inches in diameter. They also machine other metal parts on CNC machines. All raw materials are owned by their customers who deliver raw materials to the company and pick up the finished product when completed. This aids their cash flow. Most of the company's employees have been with the company for many years. 

Assets/Liabilities:

    • Accounts Receivable $93,146
    • Incl : No
    • Real Estate $0
    • Incl :
    • Inventory $6,063
    • Incl : No
    • Liabilities $122,739
    • Incl : No
    • FF&E $202,640
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $202,640
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Machine Shop
No similar items available currently.