Business For Sale

CNC Machine Part Manufacturing Company

Confidential, CA


Asking Price: Annual Revenue:
$300,000 $608,000

Miscellaneous: Non-classifiable


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RE: CNC Machine Part Manufacturing Company Broker: Gregory Michail

Quick Facts

Asking Price: $300,000
Annual Revenue: $608,000
Net Profit: Not Disclosed
Cash Flow: $60,000
Total Debt: Not Disclosed
FF&E: $90,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 6
BBN Listing #: 685538452
Broker Reference #: PASADCA001-N1749

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Business Overview:

Fantastic opportunity to own a turn-key Manufacturing operation based out of Southern California. The company specializes in manufacturing centering indicators that can be used in a wide variety of industrial machines, primarily CNC Machines. The business has been in operation for over 60 years as a family company, and the current owner is ready to retire.The Owner prides himself on producing the highest-quality centering indicators in the market. In recent years, there has been an increase in competing products, primarily manufactured overseas, but with less quality. The company is the premier provider of high-end centering indicators and has a steady supply of repeat business.The purchase includes all furniture, fixtures and equipment, with a Fair Market Value of approximately $90,000 and existing distributor relationships and trade name.Owner works approximately 40 hours per week in the business and has a staff of 1 office manager and 6 employees working in the shop.The business is relocatable. Seller is willing to stay on for a short time to facilitate a smooth transition. Free training is included for 2 weeks @ 20 hours per week. Reason for Sale: Retirement.For more information, please contact Greg Michail at (626) 395-0717 or at gmichail@sunbeltnetwork.com.

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Reason for Selling:

Retirement

Additional Details:

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

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