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Colorado Business For Sale |
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| $256K CF $971K GR, PRECISION MACHINING |
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| Attn: Rockie Strachan |
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| Denver, CO, USA |
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| Asking Price: |
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$675,000 USD USA Dollars |
| Business for Sale Industry: |
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Manufacturing: Metal Products |
| Yearly Revenues: |
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$971,000 |
| Yearly Cash Flow: |
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$256,000 |
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Business for Sale Overview:
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Seller is so Confident in Future Success will Carry $275,000. Yes, that’s right $695k (auction value) in assets for a purchase price $675k. It sounds too good to be true but this representation is accurate. We build precision parts for NASA, the U.S. Military, Honeywell, Nestle Purina, Go Fast Sports, Brooks Automation, SemiTool, Zygo, and Colton Engineering. Seller will carry $275k. $400k down results in annual ROI of 64% and breakeven of only 1.56 years! Sale includes $47,000 in Current Accounts Receivable, $176,000 in Current Inventory, and $472,000 in late-model equipment. All debts will be paid off at closing. Buyer receives over $695k in hard assets free and clear. The business is selling for less than the value of the assets and the business cash flows $256k per year!! We are a specialty precision machine shop in metro Denver with 7 loyal employees, efficient systems, and solid long-term customers. We are well-trusted and our customers come to us over and over, year after year. We collect 99% of our receivables. We have strong customers that feed us work. We do no advertising, no marketing, and we don’t have any sales people. The work just comes to us as a result of our reputation and excellent customer relationships. The business almost runs itself. Seller confirms that a buyer could easily triple the business in 2-3 yrs. There is excellent margin work at our door that we turn down every day. We just take a portion of the work being asked of us. In fact, we routinely send work out to allied machine shops instead of doing it ourselves!! This is immediate upside for the new owner!! The seller is burnt out and doesn’t want to grow the business and accept new customers. No direct experience needed or license. Excellent location; close to 2 of Colorado’s largest highways. 7 happy employees currently run the operation.
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Property Features and Assets:
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Easy-going landlord that will accommodate new owner. The rent is $2,750/month for 2,300 Sq. Ft.. Nice building with ample parking and storage space strategically located for immediate access to 2 of Colorado’s main highways. There is enough room to double capacity in the current facility. The sale includes $472,000 in late-model machining equipment that allows us to produce more at a lower cost than most of our competitors. Also includes $47k in current Accounts Receivable and $176k in inventory. Buyer receives over $695,000 in hard assets free and clear! |
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Market Competition and Expansion:
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We are very specialized and only have 3 direct competitors. We can build parts with specification tolerances that few competitors can match. We have created a nice protected niche’ for ourselves as a result. It took many years to build solid, loyal relationships with our customers. In most cases they only use us. Almost all machine shops can’t do the very specialized type of work we do. Please call for a detailed explanation of this point. Most of our employees have been with the company since its inception and they very much manage themselves. We have “never” advertised or marketed our services. THE WORK JUST COMES TO US due to our excellent reputation and well established customer relationships. Sales have increased over the last 4 years with no advertising, no marketing, or sales people. The seller has spent the last 1-2 years positioning the business for sale and has a solid blue print to increase revenue and cash flow 300% within 2 years. Again, no specific industry experience needed. Key employees are in place to ensure no interruptions. The current owner is committed to seeing the business continue to succeed. For a salary of $50-60k/year the seller is very interested in staying on for 1-3 years to serve in a sales capacity to help double or triple the business for a new owner. The seller is 100% confident that this can happen. Otherwise, seller will train for 2-3 months as part of the deal. |
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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