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Asking Price:	$7,300,000 USD USA Dollars
Business for Sale Industry:	Manufacturing: Machinery
Year Established:	1987
# of Employees:	39
Yearly Revenues:	$5,050,000
Yearly Cash Flow:	$1,670,000
Yearly Gross Income:	$5,050,000

Business for Sale Overview:

This machining company manufactures a wide variety of custom machined parts for over 120 customers, primarily in the agriculture equipment, steel mill parts, and food equipment industries. The owners started in a two-car garage with 1 manual lathe and 1 manual milling machine and have steadily grown. They have a skilled work force on 2 shifts, operating 19 CNC machines, from modern facilities in a rural industrial park, close to good interstate highways. They have earned an outstanding reputation in their industry for high quality, cost effectiveness, innovative solutions, and responsive delivery. They enjoyed steady growth and expect the trend to continue.

Property Features and Assets:

Primary 12,000 square feet production facility plus 2,000 square feet office area and 1,200 square feet mezzanine. Additionally, there is a secondary detached 12,000 square feet facility. These facilities are 10 and 8 years old respectively. They are block and steel pre-engineered building with 18 feet inside clearance and each have two 12 feet overhead doors.

Market Competition and Expansion:

Although there are other competitors in the area, the company enjoys an excellent reputation for innovative designs, cost effectiveness, and the best turn around time in the region.

Additional Details:

• The property is owned.
• The owner is willing to train/assist the new owner.
• The owner may be willing to work for 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.