Business Overview:
This is a fantastic turn-key screw machine & centerless grinding machine shop located in Genesee County. This shop has been established for many years. The current owner has implemented many updates to the process within the shop to make it more productive and efficient. The owner also has excellent relationships with all required suppliers, ensuring he has the materials needed to do the jobs.
The business creates turnkey products using both screw machining (Auto-Lathe) and custom centerless grinding services. It also specializes in multiple diameters, slotting, and precision tapered bearings. In addition to supplying the growing machine tool manufacturers and other OEMs, this business focuses on supporting smaller company’s re-shoring foreign-sourced components, government contracts, and reconstituting supplier relationships in the renewable and legacy energy industry. The shop has had great sales for many years because of its long-term relationships with customers. In 2019, the Gross Sales were $435,838 with a Cash Flow of $98,431, 2020 Gross Sales were $447,088 with a Cash Flow of $165,578, and 2021 the Gross Sales were $335,991 with a Cash Flow of $160,770. The shop has two full time machinists who are responsible for production operations. The owner handles the office work and communications with customers.
The shop is on a major road with over 2,100 SQ FT of workshop area. The building has been updated with a new HVAC unit, new doors, electrical systems, and other modern amenities that a shop would need. All machines inside the shop are maintained and meticulously looked over to ensure longevity. The building is available for purchase as well for $80,000.
With many businesses bringing manufacturing back to the U.S, this is an excellent opportunity to acquire this shop with its history and machines and start being a top-rated supplier. This business is eligible for SBA financing with 15% down for qualified Buyers!
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
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.
Relevant Links: