Owner Financing is Available!
Business Overview:
Nice machine shop with an extensive list of equipment and featuring CNC milling machines and turning centers. The 15 year old 9000 SF building is on about 1 acre may be leased, or purchase for an additional $350,000. The original cost of the equipment and building is more than twice the asking price, FF&E has an estimated in-place value of $300,000. This business has been absentee owned for years; the ideal buyer should have a book of business on hand in order to begin quickly turning a profit. 2009 revenue was $165K, YTD May 2010 $123K, 2010 revenue should increase to about $350K, profitability should be achieved at this level of sales. The seller will carry a meaningful amount of paper for a qualified buyer.
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:
9,000 Square Feet on 1 acre, 15 years old, nice looking building
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.