Successful General Machine Shop For Sale in CT

Not Disclosed, CT
New Haven County

Central Connecticut


Asking Price: Annual Revenue:
$490,000 $818,728

Manufacturing: Metal Products


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RE: Successful General Machine Shop For Sale in CT Broker: David A. Richman

Quick Facts

Asking Price: $490,000
Annual Revenue: $818,728
Net Profit: Not Disclosed
Cash Flow: $140,929
Total Debt: Not Disclosed
FF&E: $428,450
Real Estate: Not Disclosed
Year Established: 1978
Employees: 7
BBN Listing #: 724754665
Broker Reference #: CT-39

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Business Overview:

A successful and stable machine shop located in Central Connecticut has been listed for sale by Richman Business Brokers. The business started 40 years ago and has an excellent reputation for quality work. As a general machine shop, the business makes custom machining components based on specifics from a customer’s drawing. Operating from a 3,000 square foot facility, located in a busy commercial district of New Haven County, the business sale includes $414,800 of equipment in excellent condition. There are 5 full-time and 2 part-time employees, all experienced machine operators who have been with the company long-term. This business has been successful with no sales program or advertising, presenting an easy growth opportunity for a new owner with sales skills. Currently the business is family-owned, and the owners are retiring. This is an ideal opportunity for an entrepreneur looking for a turn-key, profitable business to run and grow or a current machine shop to diversify their business portfolio.

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Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • 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.

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