Business for Sale Overview:
This business has state of the art modern CNC equipment. It was running 3 shifts at $9M annually but is now running at $2M/yr. with $350K cash flow due to loss of major automotive account to overseas bidding. There is a lot of extra capacity. This is offered as an asset sale for $2M which is the FMV of the equipment (business goes with the sale). Seller personally owns the real estate and will lease it or sell it. Company has TS16949, ISO 9002 and 14,000 Certifications. Much of the work done historically has been automotive - transmission parts for the big 3 as a tier 1 supplier. A complete equipment list and company brochure is available.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
17,000 Sq. Ft. fully air conditioned in a nice industrial park.
Reason for Selling:
Loss of major customer.
Additional Details:
- The property is owned.
- The owner is not 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.