Established Machine Shop-Owner Operated-RE incl.

San Marcos, CA
San Diego County


Asking Price: Annual Revenue:
$795,585 $220,000

Manufacturing: Machinery


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RE: Established Machine Shop-Owner Operated-RE incl. Broker: Linnea Westlake

Quick Facts

Asking Price: $795,585
Annual Revenue: $220,000
Net Profit: Not Disclosed
Cash Flow: $153,000
Total Debt: Not Disclosed
FF&E: $75,680
Real Estate: Not Disclosed
Year Established: 1988
Employees: Not Disclosed
BBN Listing #: 870533008
Broker Reference #: 2401-347156

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Business Overview:

Established Machine Shop - Owner Operated - Real Estate Included

Immaculate Machine Shop where equipment and facility have been meticulously maintained. Provides machining, metal fabrication and welding to customers that have been coming back over 20 years. Virtual Gibbs 2.5D Software. System allows download of Solid Works, DFX Drawings and Solid Model IGES files. 2 4020 Fadal and 1 VMT 15 Fadal milling machines with extensive accessories and other tools. Ultimately about $76k (FMV) of FFE for CNC and related projects. Water board exemption in place.
As examples, the business serves aircraft, surveillance, military missile tacking, musical instruments, radios, and steal tables or industrial freezer rack requirements. ISO compatible inspection standard but shop customers ultimately hold the certifications. It can handle virtually any project and accomodates 10 -12 customers at any given time simultaneously. Marketing currently involves mining the data base of known targets about 10 minutes per day which yields approximately 2 new customers annually to offset any changes but sellers haven't tried to build the business aggressively as they have been comfortable and enjoy other interests.
2526 Square Foot facility is only 10 years new. Recent comps support at least a $500,000 sale price for the real estate alone. It boasts about 600 square feet of office space with associated equipment and breakroom. The balance is the shop. 3 phase power added for about $8200.
The sellers - founders - work about 48 hours per week collectively in the business (no employees). They are eager to support a successful transition. You can learn all you need to know to operate the business in 30 days. If you are not a machinist, you can hire and learn over time or put your own team in place. SBA probable but assume $200k down payment including related transaction fees. Thereafter you could own the business with property for under $3500/mo ....no rent. Real Estate Included worth at least $500,000. FFE Estimate $75,680. SDE $153,000. Price: $795,585.

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Reason for Selling:

Retirement

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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