North Mississippi Machine Shop

Not Disclosed, MS

North Mississippi


Asking Price: Annual Revenue:
$695,000 $1,470,000

Manufacturing: Metal Products


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RE: North Mississippi Machine Shop Broker: Carl Kuby

Quick Facts

Asking Price: $695,000
Annual Revenue: $1,470,000
Net Profit: Not Disclosed
Cash Flow: $225,000
Total Debt: Not Disclosed
FF&E: $850,000
Real Estate: Not Disclosed
Year Established: 1967
Employees: 19
BBN Listing #: 802610813
Broker Reference #: 26475

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Business Overview:

Motivated owner ready to sell. All offers received will be seriously considered.

Company is a complete job shop with a wide range of engine lathes and CNC lathe, milling machines and CNC mill and drill presses, all of which are equipped with digital read-out systems to insure quality, close tolerances and productivity. The company offers a complete line of welding equipment and metal fabrication equipment and has the equipment and capability to move and set all types of industrial machinery. They also rebuild and pressure test hydraulic cylinders of all sizes. In addition to the shop, they have a Parts and Supply Department.

The Company works for a wide range of industrial customers including wood mills, gravel, furniture, engine builders, foam, pulp, fluff, asphalt, concrete, logging, farm, scrap, helicopter, auto, schools, universities, government and trucking.

Asking Price is less than Fair-Market Book Value on the Balance Sheet. Asking three times cash flow.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Shop / warehouse 20,800 square feet + Office area 1,500 square feet = 22,300 square feet. NOTE: Owner prefers to sell the business assets and/or stock ($695,000) with the real estate (estimated to appraise for $200,000+). Total offering price: $895,000 with Real Estate, but owner is open to a lease agreement on the real estate.

Reason for Selling:

Retirement

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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