Established Highly Profitable Precision Machine Shop

Business
  • Listing# : 18283
  • Listed Price : $11,000,000
  • Total Sales : $8,500,000
  • SIC : 3599
  • Down Payment : $11,000,000
  • Status : Active
  • Discretionary Earnings : $1,881,513

Business Type :

Machine Shop / Machine Shop/Metal

Business Description :

90+ Year Established Highly Profitable Precision Machine Shop with Substantial Backlog for 2024.
This business mainly supports the Oil Field Service industry with long time relationships, including the Top 3.  The business is "Mission Critical" with these Top clients.  No marketing at this time with repeat business from 100+ long time clients.
Substantial 2024 backlog ensures growth from 2023 Highly Profitable results. The company employs 30+ experienced Manufacturing Professionals who provide exceptional contract machining services. The company utilizes state of the art machines & lathes to maintain compliance with the quality standards of ISO 9001: 2015.
30,000+ Sq Ft facility is owned.  $3M Included in Listed Price.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $3,000,000
    • Incl : Yes
    • Inventory $1,259
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $3,600,940
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $6,602,199
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Machine Shop