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Business For Sale
MFG./MACHINING/AEROSPACE
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Asking Price: |
Not Available |
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Business for Sale Industry: |
Manufacturing: Metal Products
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Reason for Selling:
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Retirement. |
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Year Established:
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1968 |
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# of Employees:
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12 ft |
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Yearly Revenues:
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$2,510,889 |
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Yearly Cash Flow:
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$580000 |
Business for Sale Overview:
This company is a full service precision machine shop and engineering facility which manufactures survey markers, automotive honing tools, wiring harness hardware, and does custom machining for the private sector, which includes automotive, aerospace and survey marker sectors. The company is a preferred vendor to a major defense contractor and is military approved for aerospace work. They are certified to a high Mil-spec and have a reputation for quality product results. This business opportunity in Tucson offers technical expertise, market recognition, and a solid customer base. The real estate is available for sale for $1,900,000.
Property Features and Assets:
There are five buildings comprising 45,600 sq ft. The main building is 10,013 sq ft. of manufacturing area, and 2,140 sq ft. of office space. A second building also serves as a manufacturing facility and is comprised of 4,480 sq. ft. with 1,000 sq ft. of office space. The other three building are used for warehouse space and storage but could be used for additional offices. The property can be purchased for $1,900,000 or leased for $9000 per month triple net with an option to purchase. The property is close to the interstate highway.
Market Competition and Expansion:
Competition: There are other competitors in this sector, but this company provides quality products, consistent delivery of product, and has tremendous technical expertise and market recognition as well has excellent contracts in place for the aerospace industry. The equipment is well maintained and some of the most sophisticated in Tucson. The company has experienced consistent growth and is continuing to receive new contracts and work. The facility is under utilized and could be expanded with additional engineering and design units.
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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