Screw Machine Part Manufacturer - Well Established

Not Disclosed, NY

Near Major Highway


Asking Price: Annual Revenue:
$1,279,000 $1,800,000

Manufacturing: Metal Products


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RE: Screw Machine Part Manufacturer - Well Established Broker: Steve Nicosia
License #: NA
Owner Financing is Available!
Seller open to providing a small portion of the financing needed for a creditworthy buyer.

Quick Facts

Asking Price: $1,279,000
Annual Revenue: $1,800,000
Net Profit: $543,230
Cash Flow: $429,000
Total Debt: Not Disclosed
FF&E: $400,000
Real Estate: Not Disclosed
Year Established: 1995
Employees: 12
BBN Listing #: 332456030
Broker Reference #: ZAP92918

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Business Overview:

Asking Price includes $510K of Inventory, $75K of WIP and $204K of AR.

Well-established manufacturer of precision screw machined parts in a variety of materials. Products include aluminum contacts, brass fittings, pins, inserts and standoffs, steel pins, inserts, nuts, screws, and fittings, steel and stainless-steel parts, and other small parts. All work by the expert staff of machinists is customized to meet to customer needs. The Company produces parts for OEMs (Original Equipment Manufacturers) as well as manufacturers and distributors alike. Its clients come from a variety of industries, including firearms, aviation, automotive and others. The Company’s market is regional and national.

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Property Features and Assets:

The business is located in an area with easy access to multiple major markets. The facility it resides in is a newer building with ample parking, but the new owner would need to relocate the business after a period of time. The landlord has other plans for the space currently occupied by the business, but would provide a short-lease for the time needed to ensure a smooth transition. The immediate are has ample space available to house the business.

Market Competition and Expansion:

The Company shifts both within its own service region and nationally. Its single largest client is headquartered in New York State. Its other top clients are international companies with facilities located throughout the US. Its location near two significant metropolitan areas gives it access to important regional markets as well as convenient shipping throughout the US. The Company enjoys much success in spite of having no sales, marketing or business development programs in place. The addition of such programs could much upside.

Reason for Selling:

Retiring

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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