Seller's Contact Information
- RE: Precision Engineered Machine Shop
- Contact: Joseph Nicolini
Quick Facts
Asking Price: | $3,600,000 | |
Annual Revenue: | $2,861,163 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $972,796 | |
Total Debt: | Not Disclosed | |
FF&E: | $2,800,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1956 | |
Employees: | 9 | |
BBN Listing #: | 4758630 | |
Broker Reference #: | 3353362832 |
Business Overview:
The company is a precision engineering company supporting automotive, marine, food, leisure, space, and other industries. The company just received 2 signed revolving annual orders, with no end dates, adding $ 2,100,000 in gross sales with profit margins of 50%. WIP is approximately $1,500,000, Company has 2 overhead doors. A new customer has just been added with an initial order for $250,000 in gross sales annually and is also at a 50% profit margin. This has not been calculated into the 2023 forecast but will add an additional $125,000 in net to the owner. The shop is only at 40% capacity and some of the new CNC machines have never been used yet. This Florida based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and lower middle market business owners and buyers with transaction expertise. Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! Get added to our buyer list today to receive notifications as businesses with your criteria hit the market! For more information on this business for sale contact listing agent Joseph Nicolini. Please use reply to this ad button. Please refer to listing #3353362832.
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Property Features and Assets:
Lease/Month: $12,000; Square Footage: 18,000; Building Type: Industrial; Terms & Options: open; Expiration Date: 7/31/2024.
Market Competition and Expansion:
Non Compete: Miles: 150 Years: 5.
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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