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Semi-Absentee Custom Machine Shop, Turnkey Fully Tooled

Winnebago, United States
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    Semi-Absentee Custom Machine Shop, Turnkey Fully Tooled

    $799,000$337,007

    Description

    Consistent Earnings over $250k!

    This is a rare opportunity to acquire a fully tooled, semi-absentee machine shop. The owner works 3 days per week, just sending out bids and running parts. An experienced machinist could step in and manage the existing profitable operation.

    Consistent discretionary earnings over a quarter of a million dollars.

    Consistent, strong cash flow. Niche market, creating precision parts for a few local industries. If you’ve been looking for a machine shop, you know the startup cost/equipment can well exceed this asking price.

    Seasoned employees. Air-conditioned shop, competitive compensation plan, reduces turnover.

    Desirable lease terms.

    The owner is ready to retire, priced to sell quickly!

    Detail

    Updated on October 25, 2020 at 7:52 am

    Property ID:L#2020698
    Year Built:1995
    Property Type:Manufacturing
    Property Status:For Sale
    Asking Price: $799,000
    Gross Revenue:$738,600
    EBITDA:$337,007
    FF&E:$250,000
    Inventory:$50,000
    Facilities:Facilities are perfect for the operation with room for growth
    Competition:Very niche market. Owner has not marketed or advertised for years. A new owner could get ahold of a much larger market share with a marketing plan
    Growth & Expansion:There is enough space to add 2 more employees, and the market is wide open for the taking. This businesses is specially niched, but those doors could be opened for other types of clients without modification or expense
    Support & Training:Owner will stay on for 30 days to assist with transition
    Reason for Selling:Retirement
    Country:United States
    State: United States
    City: Winnebago
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