Established Full-Service Machine Shop in Fremont
Asking Price: | $325,000 |
Gross Revenue: | $259,271 |
Rent: | $1,500 |
Established Year: | 1996 |
Cash Flow: | $183,534 |
Inventory: | $12,000 |
FF&E: | $139,450 |
Perfect opportunity in great location
Transworld Business Advisors of Fremont DRE# 02194963 presents:
Established in 1996, this one-stop manufacturing solutions provider offers services such as Machining, Sheet metal and Assembly to customers in the entire San Francisco Bay Area. Centrally located in Fremont, this business is integrated with an extensive network of other service shops and vendors, thereby providing a central solution to any job.
Industries served by the business include semiconductor, technology, video displays, medical and biotech. All business comes from repeat customers and word of mouth, with no marketing or sales effort.
The current slump in the semiconductor industry has affected the business, however it continues to be highly profitable due to very low overhead - the rent is only $1,500 per month! This is a great opportunity for a buyer to acquire the business at its current low price and benefit when the semiconductor industry demand picks back up.
Included in the price is an extensive array of equipment and machinery (with market value of ~$140K), all in good working order. Business can be grown significantly with existing equipment. Inventory worth $12K is also included.
The owner operates the business with his wife, both working part-time and looking to retire. Just one person (maybe with a little help) can run this business.
The seller will help the new owner with transition. A limited amount of seller financing may be available for qualified buyers at the sole discretion of the owners.
Agent: Shailendra Gupta DRE# 02169356
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