Machine Shop for Sale in Richmond Area

Not Disclosed, VA

Richmond Area

Asking Price: Annual Revenue:
$830,000 $1,400,000

Manufacturing: Metal Products

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RE: Machine Shop for Sale in Richmond Area Broker: Gavin Raphael
Owner Financing is Available!

Quick Facts

Asking Price: $830,000
Annual Revenue: $1,400,000
Net Profit: $300,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $400,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 11
BBN Listing #: 393448609
Broker Reference #: Not Disclosed

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Business Overview:

Light & Raphael is pleased to offer for acquisition a highly profitable machine shop in the Richmond, Virginia area. The company produces high quality parts for several concentrated key clients across the country. The company does no advertising due to its strong recurring client base. The company has never hired a salesman because its reputation for quality parts and meeting deadlines is strong enough to win contracts on its own. They receive new purchase orders every day.

Bank financing should be available for the purchase of this business with as little as 10% down at closing.

Seller will provide support and training following the sale.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Seller owns the property but wishes to lease it to a buyer.

Market Competition and Expansion:

The U.S. machine shop industry includes about 18,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $37 billion.

Reason for Selling:

Owner wishes to retire.

Additional Details:

  • The property is leased.
  • 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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