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Established Highly Profitable Precision Machine Shop

Harris County, TX
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Asking Price:$11,000,000
Gross Revenue:$8,500,000
FF&E:$3,600,940
Established Year:1932
Cash Flow:$1,881,513
Inventory:$1,259
Real Estate:$3,000,000
Listing ID: 2219615Listing provided by BizBuySell
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.

DETAILED INFORMATION
Location
Harris County, TX
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Employees
36
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
30,000 sq ft facility Owned. $3M included in Listed Price.
Competition
This business leverages it's extremely long term relationships with clients.
Growth & Expansion
Strategically adding to capacity would increase revenues.
Support & Training
Will train for 4 weeks @$0 cost.
Reason for Selling
Owner retiring to pursue other family interests.
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Steve
Herrera
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Steve Herrera
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