Manufacturing Company: CNC machines included!

Not Disclosed, MN
Hennepin County

North Suburbs


Asking Price: Annual Revenue:
$195,000 $184,000

Manufacturing: Metal Products


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RE: Manufacturing Company: CNC machines included! Broker: Bill Kraemer

Quick Facts

Asking Price: $195,000
Annual Revenue: $184,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $213,000
Real Estate: Not Disclosed
Year Established: 2009
Employees: 1
BBN Listing #: 928140231
Broker Reference #: 8537 b.k.

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Business Overview:

BUSINESS: Manufacturing Company located in the suburbs of the Twin Cities. This company was established by the current owner in 2009. The company provides quality tested driven tool repair. Driven tools supplied from manufactures such as Mazak, Parlec, WTO and Zetti-Mimatic, etc. Services provide in the rebuilding process are shaft reconditioning and sizing, bearing(s) and seal replacement. They also manufacture parts using two of their Doosan Lynx 2100 CNC machines. Daily responsibilities of the owner include sales, purchasing, accounting and involvement with engineering decisions from time to time. This company is perfect for an existing company that is looking to diversify or expand into the CNC business with endless potential.

FACILITIES: 1,500 square feet leased space. Rent is $1,045 plus utilities. The seller feels that this facility could double in sales without increasing the square feet or equipment. Lease expires March 2023 with an option to extend.

EMPLOYEES: The business has a staff of a one long term full-time employee with owner working part-time.

REVENUE: Revenue in 2021 was $184,000, 2020 was $163,100 and 2019 was $191,000.

ASKING PRICE: The asking price for the business is $195,000. Included in the price but not limited to are the furniture, fixtures, and equipment (value of approximately $213,000). Long term Client List, Website, Goodwill, and Business Name, Inventory which is valued at $6,000 (at cost) is included as well.

REASON FOR SALE: Retirement. Seller is in his seventy’s and is tired. He will provide the necessary training to insure a smooth transition.

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Property Features and Assets:

1,500 square feet leased space. Rent is $1,045 plus utilities. The seller feels that this facility could double in sales without increasing the square feet or equipment. Lease expires March 2023 with an option to extend.

Market Competition and Expansion:

Great opportunity to grow the business.

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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