Machinery Shop for Various Replacement Parts

"Not Disclosed", NY
Oneida County


Asking Price: Annual Revenue:
$493,300 $350,000

Manufacturing: Metal Products


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RE: Machinery Shop for Various Replacement Parts Broker: Rebecca Hansbrough

Quick Facts

Asking Price: $493,300
Annual Revenue: $350,000
Net Profit: Not Disclosed
Cash Flow: $134,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1999
Employees: 4
BBN Listing #: 505944673
Broker Reference #: 7118

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Business Overview:

Started by the owners in 1999, this upstate New York machine shop, specializes in various machine replacement parts for manufacturers. The company has established an excellent reputation for providing replacement parts and production machining and fabrication to clients representing a wide variety of industries. Their in-house capabilities allow them to produce quality machine and fabrication parts, small or large quantities, meeting rigid commercial specifications. This s a great opportunity to build expand an existing machining or manufacturing portfolio or take a successful machine shop with a sound business foundation to the next level.

This stable business offers a new owner consistency in supplier, good sales volume, market growth and profitability. This business could be operated in a hands-on or absentee fashion giving the new owner the ability to enjoy a flexible schedule or a machine employee the ability to run his or her own operation.

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Property Features and Assets:

This listing comes with real estate negotiable options with the sale. The 12,000 square feet building is on 10 acres of land with plenty of room for expansion. The shop area is 4,000 square feet with the storage area being 7,500 square feet. The office area is 600 square feet. The cement block insulated building with a metal roof was built in the 60's and is in good condition. Purchase or lease with option to buy

Market Competition and Expansion:

There is little local competition. The existing owners do not advertise for new accounts because the existing customer base provides enough repeat business to keep their operation profitable. There is potential to expand into other markets but the owners chose not to because they were satified with their income and reached a stage where everyone decided a new owner increase sales with new energy and ideas.

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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