Business For Sale

Very Profitable Machine Tool Remanufacturer

Not Disclosed, MI
Lapeer County


Asking Price: Annual Revenue:
$2,200,000 $4,150,532

Manufacturing: Metal Products


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RE: Very Profitable Machine Tool Remanufacturer Broker: Jeffrey Sak
Owner Financing is Available!
$1,200,000.00

Quick Facts

Asking Price: $2,200,000
Annual Revenue: $4,150,532
Net Profit: Not Disclosed
Cash Flow: $786,763
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 1983
Employees: 20
BBN Listing #: 127542190
Broker Reference #: 0483-70748

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Business Overview:

This business specializes in the rebuild, remanufacture and repair of metal working machine systems. The business regularly secures contracts for work with recurring customers including the United States Departments of Defense and Energy which have generated substantial profit margins through the years. The business sets itself apart from competitors by operating as the sole worldwide service department for LeBlond Machine Tool Company which has existed for over 100 years as one of the largest machine tool builders in the world. Included with the sale of the business is a list of all machines and owners of LeBlond equipment, exceeding 20,000 in number, which will allow a new owner to continue to exclusively service these machines. A highly skilled staff of electricians, mechanics and support specialists are in place that would stay on with a new owner which would provide for an efficient transition. The company is located in a 25,000 square foot facility, tailored specifically to the business’s operations, which the owner is also interested in selling separately. The owner is willing to provide financing on a portion of the purchase price conditional upon review of the buyer’s financial standing. For more information, please contact Jeff Sak of Transworld Business Advisors of Metro Detroit or email us.

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Property Features and Assets:

The business was founded in 1983 and has established a vast customer list that includes several large conglomerates. In preparation for retirement, the current owner has now positioned operations for a smooth transition to a new owner.

Market Competition and Expansion:

This business differentiates itself by providing remanufacture, retool and retrofit services in addition to repair and control upgrades that other companies are limited to. The ability to provide services to the United States government on a recurring basis also presents the business with a significant advantage over its competitors. The business’s exclusive rights to perform all service, repairs and rebuilds on the LeBlond service line provides an immense benefit to the company’s operations going forward. Showing Comments Contact Agent Potential Growth Growth can be expected through the continued servicing of the existing customer base. The company currently is based on repeat and referral business so an increased marketing initiative would certainly increase profitability as well.

Reason for Selling:

Retiring

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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