30 year old Machine Shop in Central Location
Virginia Beach, VA
| Asking Price: | $575,000 |
| Gross Revenue: | $575,000 |
| Rent: | $2,000/Month |
| Established Year: | 1995 |
| Cash Flow: | $157,859 |
| Inventory: | $25,000 |
| FF&E: | $108,175 |
Listing ID: 2314481Listing provided by BizBuySell
BUSINESS DESCRIPTION
A 30 year old machine shop with a great niche for providing high tolerance machined parts to their clients. All machinery is in good working order, and located in centralized area close to all parts of the region. There is staff in place that does a lot of the machining and sales. Although 30 years old, there are still several areas where a new owner could grow the business and better utilize the existing asset and previous clients needs.
DETAILED INFORMATION
Location
Virginia Beach, VA
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,500
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Building with plenty of room for growth. Owner of building interested in selling or leasing.
Competition
Several but hey have a unique niche with high tolerance machined parts
Growth & Expansion
Add a sales person and do some marketing. Neither have been done in years.
Financing
TBD
Support & Training
2 weeks
Reason for Selling
Retirement
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