Precision, Growth, Opportunity: Top CMM Business!

Minnesota

Seller Financing Available

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Asking Price:$325,000
Gross Revenue:$768,968
Rent:$1,400
Established Year:2002
Cash Flow:$136,304
Inventory:$34,595
FF&E:$145,000
BUSINESS DESCRIPTION

Precision, Growth, Opportunity: Top CMM Business!

Explore a golden business opportunity with seasoned industry experts willing to stay on board for the new owner, making it an ideal venture for an absentee buyer. This business boasts diverse revenue streams, providing technical service, calibration, and rebuilding of Coordinate Measuring Metrology (CMM) machines to original factory specifications. Additionally, it offers a comprehensive range of replacement parts, with even competitors contributing to this growing segment of the business.

Established in 2002, the company exhibits consistent revenue growth, amplified by the successful integration of the parts selling business. A key international customer accounts for over 50% of gross sales and continues steady year-over-year growth. With a stellar industry reputation, the company receives direct referrals from the main CMM machine manufacturers, underscoring its influence and reliability.

The company is ISO 9001 certified, delivering on-site calibration services, emergency service, repair, and refurbishment for standard coordinate measuring inspection equipment. Furthermore, it excels in the sales of rebuilt standard coordinate measuring equipment and accessories. Embrace the opportunity to acquire a nationally recognized business with a strong foothold in the precision metrology services sector.


DETAILED INFORMATION
Location
Minnesota
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,400
Lease Expiration
30/07/2025
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease Terms Options: Auto renewal for 1 yr without notice
Growth & Expansion
Adding additional technical service staff and dedicated salesperson could lead to immediate growth. The growing replacement parts sales segment of the business could be increased through parts ordering automation on the website, instead of the current manual ordering process.
Financing
Owner Terms:$16,250.00 Interest:10% Term Months:120
Support & Training
Number of Weeks Seller Will Offer Training: 2
Reason for Selling
Other Interests
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Scott
Hislop
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Scott Hislop