Business Overview:
Located in Santa Clara County, this machine shop has been run by the owner for 30+ years. The business has been impacted by the pandemic in 2020 and 2021 so the sales have been down in the recent months. This is an opportunity for someone looking to venture into the machine shop industry or for someone who is an existing player looking to expand and grow through an acquisition. Long term lease available for the buyer with an attractive rate $21.00 /SF/YR + Property tax, utilities, and maintenance. Market value of equipment is about $200,000 - $250,000 included with the asking price.
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Reason for Selling:
Owner is ready to retire.
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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