High Profit Machine Shop

Not Disclosed, CO


Asking Price: Annual Revenue:
$600,000 $409,025

Manufacturing: Metal Products


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RE: High Profit Machine Shop Broker: John Lastra
Owner Financing is Available!

Quick Facts

Asking Price: $600,000
Annual Revenue: $409,025
Net Profit: Not Disclosed
Cash Flow: $171,395
Total Debt: Not Disclosed
FF&E: $374,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 23332818
Broker Reference #: Not Disclosed

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Business Overview:

The company was established approximately 20 years ago and provides prototype and limited production machine shop services to a variety of businesses in New Mexico. The customer base includes international, national, local businesses and government contractors. In addition to the business owner the company employs one part time hourly machinist. The business is located in Albuquerque, NM.

The company to include all furniture, fixtures and equipment, $20,000 of inventory, trade name covenant not to compete, customer lists, and training/transition is offered for sale for $600,000. It is anticipated that the seller will finance 10% of the sales price and SBA guaranteed bank financing would be available for the business purchase with a buyer down payment of approximately $60,000.

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Market Competition and Expansion:

The business owner has been traveling out of state and has been turning away opportunities. Significant growth opportunities exist for the company.

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.

Relevant Links:

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