MergerPlace

Absentee High Precision Machine Shop

Texas (Tarrant)


  • Asking Price: $525,000
  • Gross Income: $718,144
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $10,015
  • FF&E: $483,219
  • Listing ID: #211936
  • Established: 1995
  • Employees: 1 FT

Business Description

This well-established machine shop offers precision CNC milling, lathe, sub-assembly work such as Welding (TIG & MIG), Electronic Component Assembly, Fabrication Machining. This business has ample technical background and facility space resources to meet its customer assembly needs and they work with their customer's development and manufacturing engineers in achieving ways to optimize output and quality of their end products. It recently won a new project that should contribute an additional $100,000 in revenues in 2019. This business could be a good roll up play for an existing business. In addition to having an absentee owner who has no day to day involvement with the business, the operations manager is based on the West Coast and manages the business remotely.


Business Details

Primary Business Category: Manufacturing - Machinery
Location: Texas
County: Tarrant

Company Information

Year Established: 1995
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 FT

Financial Information

Asking Price: $525,000
Gross Revenue: $718,144
FF&E: $483,219
Inventory: $10,015
Seller Financing Available: No

Property Information

Facilities:

Business operates out of a 15,000 SF warehouse facility, located in an industrial district, which is also available for sale. Building appears to be original construction.

Growth & expansion opportunities:

Business could be grown with the addition of a sales rep or an owner/operator who possess such sales skills to recruit new customers and to increase their penetration at existing accounts.

Reason for selling:

Owner is selling the business since he is moving away and wants to re-invest proceeds from this machine shop sale to a real estate development project in another city.

Support & Training:

Will train for 2 weeks @ $0 cost.

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Business Listed By:

Douglas Batts

Murphy Business Brokers