Business Overview:
This Virginia “S” Corporation, founded in 1992, provides quality machine shop services to major metro market and the surrounding regional marketplace. The company focuses on quality work performed with state of the art equipment in a timely manner. The Company’s staff is loyal, skilled, and highly technically capable ensuring that the company can handle any job its clients need. The Company has several longstanding customer relationships that provide it with a strong/consistent revenue stream.
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Property Features and Assets:
The business is located in a close suburb of a major metropolitan area. The facility is 3,750 square feet in size and located on 4.1 acres of land. A long term lease on the property is available at the rate of $144,000 annually on a NNN basis with a 3% escalator or the real estate can be bought outright for $1,900,000.
Market Competition and Expansion:
The Company’s strategy of differentiation has yielded it opportunities that domestic firms trying to compete on cost in an off shoring environment do not have. The competitive advantage of having a better product, superior capabilities, and faster service have separated the company from its competitors and enabled it to have sustained success. The future is bright for any acquirer.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.