MergerPlace

Auto Speed & Machine Shop

Florida (Palm Beach)


  • Asking Price: $299,000
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $20,000
  • FF&E: $279,000
  • Listing ID: #201174
  • Established: 1969
  • Employees: 5

Business Description

This is a fully operational machine shop that has been rebuilding and boring engine heads for more than 48 years. Most engines are diesel but they do many gas motors as well as many custom-built race motors. The owner is selling the company for its asset which are valued at about $279,000, the inventory is about $20k, and there is about $28k in monthly revenue. The owner wants to do something different and therefore is selling the business. There is big potential for the right person to come in and make some adjustments to operations in order to turn a good profit. Please refer to listing number 6401-83685 and advisor James Knox when inquiring.


Business Details

Primary Business Category: Services - Professional, Scientific and Technical
Location: Florida
County: Palm Beach

Company Information

Year Established: 1969
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 5

Financial Information

Asking Price: $299,000
FF&E: $279,000
Inventory: $20,000
Seller Financing Available: No

Property Information

Facilities:

Lease/Month: 1872.5 Square Footage: 2,800 Building Type: warehouse Terms & Options: Expiration Date: 2/1/2019

Competition:

There is only one shop that offers all these services and it is located 60 miles away. Clients include all the major dealerships and many race related shops in the region.

Reason for selling:

Other interests

Support & Training:

Seller will train for two weeks at no additional cost

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

James Knox

Transworld Business Brokers