Seller's Contact Information
- RE: Central NH Machine Shop
- Contact: Jay Polimeno
Quick Facts
Asking Price: | $599,900 | |
Annual Revenue: | $557,813 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $278,275 | |
Total Debt: | Not Disclosed | |
FF&E: | $190,175 | |
Real Estate: | $499,000 | |
Year Established: | 1987 | |
Employees: | 3 | |
BBN Listing #: | SB-48173 | |
Broker Reference #: | NEWHAMP001-48173 |
Business Overview:
This business, located in Central New Hampshire has specialized in Computer Numerical Control machining since 1987 when the company was founded by the current owner. It operates as an S Corporation with the seller as the sole principal. The real estate is owned by the seller under a separate entity and is available for sale should a buyer for the business be interested in purchasing the real estate rather than leasing it. This company prides itself on providing quality parts to a variety of industries. They provide the raw parts for tools used in the plastics mold industry; welded bellows technology for semiconductor, aerospace/aircraft, ultra-high vacuum applications; all types of aerosol valves; surgical specialties; interventional and therapeutic devices; and original equipment manufacturing in the medical product field. A new owner needs industry knowledge, engineering background (but does not need to be an engineer), ability to work with numbers, and be customer service oriented. Also, excellent negotiation skills are a plus and also understanding that investing in first-class machinery is not an expense but a necessity.
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Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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