MergerPlace

New England Precision Machining Company

Massachusetts


  • Asking Price: $399,000
  • Gross Income: $675,000
  • Cash Flow: $185,000
  • Real Estate: Not Disclosed
  • Inventory: $100,000
  • FF&E: $400,000
  • Listing ID: #201536
  • Established: 1994
  • Employees: 6 FT / 1 PT

Business Description

The company provides general precision/production machining services.

Strong client base. Typical Customers/Industries Serviced: Medical, Fiber Optic, Laser/Audio OEMs, and Machine Rebuilders.

The company has more than adequate capacity to achieve significant growth.

Pre-Approved for SBA/Bank Financing.

Asking price includes all equipment and $100,000+/- WIP/Material Inventory.


Business Details

Primary Business Category: Manufacturing - Fabricated Metal Products
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: $399,000
Gross Revenue: $675,000
Cash Flow: $185,000
FF&E: $400,000
Inventory: $100,000
Seller Financing Available: Yes

Property Information

Facilities:

Business occupies an 18,000 sq. ft. building; Real Estate available but not included in asking price.

Growth & expansion opportunities:

Positioned for growth with a change of ownership and additional personnel.

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