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Business For Sale

Precision Machine Shop

San Mateo County, CA

Manufacturing: Metal Products

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$300,000
$225,000
$151,000
$151,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
$75,000
Not Disclosed
1993
5
377833092

Business Overview:

Precision Machine Shop. A great opportunity for a buyer familiar with modern machine shop technology or has had experience managing a custom order manufacturing company. This business started in 1993. The seller decided in 2009 to start curtailing activity in preparation for retiring. Recently, he decided to sell instead. His many customers trust this business to still supply them. The seller still has the loyalty of these major Bay area corporations and will work with the new owner to keep them and increase their purchases. The facility is 1,568 square feet with a rental of $1,648 per month. There are 2 full time and 3 part time independent contractor technicians plus a CNC programmer available. Net profit has been very high due to the company’s sterling reputation for top quality parts and on time delivery. This business is priced for quick sale. Seller has cut back on accepting orders, but can regain full volume for 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:

1,568 square feet with rent of $1,648 per month all inclusive. Plant is in multi-business complex.

Market Competition and Expansion:

Prime customers can account for over $400,000 in volume if all their orders are accepted. There are many competitors, but base gives this business a firm base to build upon.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: