MergerPlace

Semi-Absentee Custom Machine Shop

Winnebago, New York


  • Asking Price: $799,000
  • Gross Income: $738,600
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $50,000
  • FF&E: $250,000
  • Listing ID: #226670
  • Established: 1995
  • Employees:

Business Description

Consistent Earnings over $250k!

This is a rare opportunity to acquire a fully tooled, semi-absentee machine shop. The owner works 3 days per week, just sending out bids and running parts. An experienced machinist could step in and manage the existing profitable operation.
Consistent discretionary earnings over a quarter of a million dollars.

Consistent, strong cash flow. Niche market, creating precision parts for a few local industries. If you’ve been looking for a machine shop, you know the startup cost/equipment can well exceed this asking price.

Seasoned employees. Air-conditioned shop, competitive compensation plan, reduces turnover.

Desirable lease terms.

The owner is ready to retire, priced to sell quickly!


Business Details

Primary Business Category: Manufacturing - Miscellaneous Manufacturing
Location: New York
Metropolitan Area: Winnebago

Company Information

Year Established: 1995
Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $799,000
Gross Revenue: $738,600
EBITDA: $337,007
FF&E: $250,000
Inventory: $50,000
Seller Financing Available: No

Property Information

Facilities:

Facilities are perfect for the operation with room for growth

Growth & expansion opportunities:

There is enough space to add 2 more employees, and the market is wide open for the taking. This businesses is specially niched, but those doors could be opened for other types of clients without modification or expense

Competition:

Very niche market. Owner has not marketed or advertised for years. A new owner could get ahold of a much larger market share with a marketing plan

Reason for selling:

Retirement

Support & Training:

Owner will stay on for 30 days to assist with transition

Contact Business Seller

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Business Listed By:

Rick Brown

MergersCorp M&A International