Metal Machine Shop - Fully Staffed with High Profit Margin Client Base

Suffolk County, NY
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Sale Pending
Asking Price:$250,000
Gross Revenue:$800,000
Rent:$6,500/Month
Cash Flow:$100,000
Inventory:$300,000
Established Year:1986
BUSINESS DESCRIPTION

One of the largest turning businesses in Long Island, known for their highest quality work for over 30 years. This business has gotten to the point where they can select the highest profit-margin work (some examples include landing gears for Gulfstream jets, SpaceX rocket ship parts and Entenmann’s Bakery/factory parts). One of the most notable clients is Sikorsky in which they do consistent work for the Blackhawk and other major aircraft..

An innovative machine services provider dedicated to quality and our customers, while specializing in turning, machining and mill machined products.

Ongoing partnerships with companies such as Sikorsky Aircraft. Industries served include Medical, Power Generation, Fire Suppression, Electronic, Automotive, and Robotics.

The owner is in his 80s and ready to retire. He will provide new owner with very reasonable (at least 6 months) transitional support, training and ongoing consultancy/advisory support moving forward.

FILL OUT THE "CONTACT FORM" ON THIS LISTING TODAY TO RECEIVE THE NDA AND FULL OFFERING MEMORANDUM.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,000
Employees
5
Facilities
5000 sq. ft. machine shop in industrial park. All equipment is fully owned and has been meticulously maintained. ALL equipment included in ask price. Fill out the 'contact form' to receive full picture package of all equipment and assets.
Competition
Long-standing reputation for highest quality work.
Growth & Expansion
Growth opportunities include: War in Ukraine will soon create demand for replacement materials. Subcontracting with larger companies.
Support & Training
The owner is in his 80s and ready to retire. He will provide new owner with very reasonable (at least 6 months) transitional support, training and ongoing consultancy/advisory support moving forward.
Reason for Selling
Retirement
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Michael
Caruso
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Michael Caruso