Machine Manufacturing

Wallingford, CT

Seller Financing Available

listing image
Asking Price:$70,000
Gross Revenue:$125,000
Rent:$2,333/Month
Established Year:1991
Cash Flow:$15,000
Inventory:$2,000
FF&E:$40,000
BUSINESS DESCRIPTION

Machine Job shop

Machine shop est.1991, small customer base. Equipment 3 Bridgeport's, 3 Lathes,2 Harig grinders 1 Thomson Grinder,1 Moore Jig Grinder and accessories,1 Myford O.D. Grinder,1 multi drill Press, 1 Ji Bore,1 Comparator 1 Tow motor Lift,1 vertical saw,1 horizontal saw, 1 Hand Press, many inspection tools and tooling to count. Office equipment Leased 5000 sq ft building


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,000
Lease Expiration
01/01/2025
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Machine shop est.1991, small customer base. Equipment 3 Bridgeport's, 3 Lathes,2 Harig grinders 1 Thomson Grinder,1 Moore Jig Grinder and accessories,1 Myford O.D. Grinder,1 multi drill Press, 1 Ji Bore,1 Comparator 1 Tow motor Lift,1 vertical saw,1 horizontal saw, 1 Hand Press, many inspection tools and tooling to count. Office equipment Leased 5000 sq ft building
Competition
All types of manufacturing of fixtures and gages small automation fixtures for Gun manufacturing ,medical ,commercial.
Growth & Expansion
CT. Has a lot of manufacturing companies to get more work from and in business friendly.
Financing
$35,000 down can finance $35,000 @ 4.5 % with a personal collateral.
Support & Training
Owner can stay on 6 weeks and introduce you to customer base
Reason for Selling
Retiring

BUSINESS LOCATION
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Mark santore
Mark santore