Profitable Machine Shop

Albion, NY
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Sale Pending
Asking Price:$490,000
Gross Revenue:$502,357
Rent:$2,000
FF&E:$428,000
Cash Flow:$154,464
Inventory:$60,000
EBITDA:$88,208
Established Year:1992
BUSINESS DESCRIPTION

This machine shop has been in existence since 1992 and can boast of having some of the same customers since its inception. They manufacture products for the aerospace industry and also punches & dies, parts for saws mills, parts for precision machinery and custom made to order parts. They have 3 and 4 axis CNC machines along with mills and lathes which can manufacture small runs or part runs in the tens of thousands. They have a reputation for on time delivery of parts at a reasonable price. They also have the capability to do assembly and prototyping. There is a 12,000 square foot building for lease with the sale of the business.


DETAILED INFORMATION
Location
Albion, NY
Inventory
Included in asking price
Real Estate
Leased
Building SF
12,000
Lease Expiration
04/12/2026
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Approximately 4,000 square feet is occupied by the machine shop with another 8,000 square feet available for the buyers use.
Support & Training
Seller will provide transition training and support
Reason for Selling
Retirement
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Carl
Knickerbocker
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Carl Knickerbocker