Business For Sale

Long Established & Profitable Machine Shop

Not Disclosed, CT

Metro Area


Asking Price: Annual Revenue:
$880,000 $1,100,000

Manufacturing: Machinery


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RE: Long Established & Profitable Machine Shop Broker: Al Paliwoda
Owner Financing is Available!

Quick Facts

Asking Price: $880,000
Annual Revenue: $1,100,000
Net Profit: Not Disclosed
Cash Flow: $84,000
Total Debt: Not Disclosed
FF&E: $600,000
Real Estate: Not Disclosed
Year Established: 1960
Employees: 18
BBN Listing #: 780856346
Broker Reference #: R1018

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Business Overview:

Family run business. Precision machining services as well as rebuilding older machine tools to today's standards. Surface Grinding as a specialty. Capable of large parts grinding. Contract CNC Machining. Able to work with aluminum, stainless steel, molybdenum, titanium. can also do sheet metal work, water-jet cutting.Large array of equipment to do the job. Equipment includes surface grinders, milling machines, turning machines, inspection equipment, and numerous miscellaneous machines, as well as material handing equipment. Business has its own product line. Large customer base US and International. Aerospace certified supplier. Good books and records.

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Property Features and Assets:

Shop located in building of about 13,000 + square feet. Building can be purchased separately for $660,000 or leased by new owners. Building can also be leased from Owner.

Market Competition and Expansion:

Other competitors in the field but this shop has large parts processing capabilities (100+ inch diameters as well as up to 100 in height) which make it more unique. Also has its own product line that can be increased. Refurbishing machinery can be a much larger business. Needs added outside sales people and new owner that sees the potential of the business opportunities. This shop is capable of greater sales volume and also going after clients in different industries.

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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