Under LOI - Well-Run Machine Shop - SW Michigan
Michigan
Sale Pending
| Asking Price: | $300,000 |
| Gross Revenue: | $490,000 |
| Established Year: | 1985 |
| Cash Flow: | $108,000 |
| FF&E: | $130,000 |
Listing ID: 2229539Listing provided by BizBuySell
BUSINESS DESCRIPTION
Under LOI - This established machine shop is the ideal business for that aspiring entrepreneur looking to enter the mature machining industry after a solid foundation has been laid. There are many opportunities for growth and to expand into additional revenue streams. The proximity to many in need of machined parts is inviting.
The variety of installed machines, including 5 CNC machines, allow the company to run several types of parts. With great proximity to the Interstate Highway system, it is easy to move raw materials in and finished parts out. An owner with a passion for solving customers’ problems and a skill in industrial sales will be amply rewarded.
DETAILED INFORMATION
Location
Michigan
Inventory
Not Included in asking price
Real Estate
Owned
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
-Great location, just a few minutes from Interstate Highway system
-Easy turn around for trucks to ship and receive.
-Room for expansion
-Close to labor pool
Competition
-The industry is fragmented.
-Currently foreign competition is being reduced as work is being brought back to US producers.
Growth & Expansion
-General machining services a wide range of manufacturing
-Property has plenty of room to expand the building.
-Operation has machines to take advantage of market opportunities.
Support & Training
-Seller will provide training on running the operation as well as accounting and finance.
Reason for Selling
-Seller looking forward to an active retirement.
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