MergerPlace

New England Precision Machining Company

Massachusetts


  • Asking Price: $500,000
  • Gross Income: $675,000
  • Cash Flow: $185,000
  • Real Estate: Not Disclosed
  • Inventory: $110,000
  • FF&E: $489,000
  • Listing ID: #201536
  • Established: 1994
  • Employees: 6 FT / 1 PT

Business Description

The company provides general precision machining services, production machining and the fabrication of customized parts—even from broken parts and parts that are no longer available. Typical customers are medical, fiber optic, and laser companies, machine rebuilders, and tooling fixtures for the speaker industry. The company is positioned for a growth spurt with a change of ownership and additional personnel. The company has more than adequate capacity to achieve significant growth.


Business Details

Primary Business Category: Services - Other Services
Location: Massachusetts

Company Information

Year Established: 1994
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 6 FT / 1 PT

Financial Information

Asking Price: $500,000
Gross Revenue: $675,000
Cash Flow: $185,000
FF&E: $489,000
Inventory: $110,000
Seller Financing Available: Yes

Property Information

Facilities:

Facilities consist of an 18,000 sq. ft. building, of which 10,000 sq. ft. are occupied.

Reason for selling:

Retirement

Support & Training:

The seller offers a minimum of four (4) weeks of training to assure a smooth transition.

Contact Business Seller

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Business Listed By:

Scott McElhearn

Klassen Ingalls