Machining & Fabrication Business

Not Disclosed, NY


Asking Price: Annual Revenue:
$650,000 $1,285,944

Manufacturing: Metal Products


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RE: Machining & Fabrication Business Broker: Earle Ingalls
Owner Financing is Available!
Negotiable

Quick Facts

Asking Price: $650,000
Annual Revenue: $1,285,944
Net Profit: Not Disclosed
Cash Flow: $297,000
Total Debt: Not Disclosed
FF&E: $450,000
Real Estate: $450,000
Year Established: 1985
Employees: 13
BBN Listing #: 355440071
Broker Reference #: 3568

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Business Overview:

This machining & fabrication company specializes in one-of-a-kind, prototype and short run production pieces and can provide on-site installations of their work.  Materials include—but are not limited to— steel, stainless steel, aluminum, precious metals, and plastics. The company is accredited by the American Society of Mechanical Engineers.  Their certifications cover carbon steel, stainless steel, aluminum, invar and other non-ferrous materials.

The Company has created a niche in their ability to provide a combination and breadth of services that few other companies can provide in their New York State trading area.

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Property Features and Assets:

The building is in the 15,000 to 18,000 square feet range. The facility contains both offices and the shop. There is plenty of parking for employees and customers, as well as good access for deliveries and pickup. The business is located within a busy area with very good access to employees and customers. Easy access to major highways. The real estate is owned by the sellers, who own the business. It is not included in the purchase price, but is available for purchase for $450,000. The seller will lease the facility to a new owner of the business for $4,125 per month on a triple net basis (lessee pays for utilities, RE taxes and interior maintenance), if the purchaser prefers to rent.

Market Competition and Expansion:

Competition: This business offers one-stop shopping to a wide range of services. Few other local competitors are able to provide the extensive service options that are available with this company. Growth & Expansion: Growth can be driven by additional selling efforts and/or increased investment in services that customers are asking for (such as larger weldments/vertical turning center) and of which the company is either at full capacity or is not currently offered. Additional Internet-based marketing and a salesperson should drive additional growth.

Reason for Selling:

Partners have different future objectives.

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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