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Business For Sale

MACHINE SHOP

Attn: Erik Ottem
Monterey Bay Area, CA, USA
Listing Number: "41480009"
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Asking Price: $2,750,000 USD USA Dollars
Business for Sale Industry: Manufacturing: Metal Products  
Reason for Selling: Owners want to retire.
Year Established: 1978
# of Employees: 28
Yearly Revenues: $4,000,000
Yearly Cash Flow: $388,000
 

Business for Sale Overview:

This machine and welding shop began in August of 1978. Since then there has been constant growth, and they now have 15,000 square feet of building on an acre of ground. There are twenty-eight employees, with over 350 active customers. Their goal has always been to provide top-quality machine and fabrication service for the customer. They keep pace with the times and expand the shop with up-to-date equipment and technology. The shop sells to a variety of customers in different industries, and has established a reputation for quality and customer service. The lines of business include all kinds of machining including: CNC milling, turning, vertical and horizontal machining and plasma cutting. Fabrication and welding provides sub-assemblies or finished products depending on customer requirements. They also have a significant metal sales department that fills a local need and allows outreach to potential new customers.


Property Features and Assets:

The business is located on one acre with five buildings providing office space, workshop space, fabrication space, and metal sales space. The real estate is available separately.


Market Competition and Expansion:

Market for machine shop services moves with the overall economy, so things are somewhat soft, but still very profitable. They have good relations with their customer base and employees that allows them to continue to prosper.


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.

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