Machine Shop-Business is Thriving

Not Disclosed, PA
Dauphin County

Asking Price: Annual Revenue:
$500,000 $413,242

Manufacturing: Machinery

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RE: Machine Shop-Business is Thriving Broker: Jack Greebwalt

Quick Facts

Asking Price: $500,000
Annual Revenue: $413,242
Net Profit: Not Disclosed
Cash Flow: $149,730
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: 1972
Employees: 5
BBN Listing #: 50204955
Broker Reference #: 2602-15881

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Business Overview:

The business was started by the current owner's father in 1972 (48 years ago). The current owner got involved in 1982. They machine/manufacture custom parts for a wide variety of commercial accounts. Ultimately, many of the parts end up in a product produced by a Fortune 500 company. The business is thriving and continues to grow. Actually, the business had their best revenue month in April, 2020, which was in the middle of a pandemic. The business did not close because they were providing parts to companies deemed to be essential. Purchase orders continued to pour in during a period of time that was difficult for many other businesses.

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Property Features and Assets:

The business is being operated in an industrial machine shop that is approximately 3,000 square feet and includes offices and a small reception area. The seller owns the building and is open to leasing it to the new owner for a very reasonable rent $1,400 per month, which includes sewer, mowing, and snow removal. Assets= $305,000

Market Competition and Expansion:

The parts being sold are custom and, as a result, competition is average at best. This company has an excellent reputation regarding quality control and on time delivery since its inception 48 years ago. Therefore, their name and reputation puts them in the drivers seat determining what specific jobs they accept. For many years this was a father son business and their thoughts were always to make a good living and maintain a comfortable lifestyle. They were selective in the type of work they accepted and the customers they worked with. They never wanted to get too big, but for a new owner there certainly would be an opportunity to grow the business to the level they would desire. The opportunities for additional work are definitely available. The mere addition of a website and some social media presence alone would be an inexpensive way to gain additional exposure in desired business segments.

Reason for Selling:

Retirement--Current owner has worked at the biz.

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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