Business Overview:
This is an opportunity to purchase a successful machine shop with Real Estate in Southern Ohio that has been operating for over 30 years. The business is a full service job shop that specializes in the manufacturing of machined parts from supplied samples or prints. The company is well experienced in reverse engineering and is known for their short lead times. They also perform gearbox rebuilds and gear cutting. There is a broad and reliable customer base that represents a diverse set of industries. The state of Ohio has granted essential business status to this company.
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Property Features and Assets:
The business operates out of a 27,000 square foot building in an industrial park. The building is included in the offering price.
Assets = $2,672,000
Market Competition and Expansion:
There are a number of machine shops, however very few perform gear cutting.
Because of the very diverse manufacturing base and economy in Ohio there is tremendous opportunity for growth. A new owner could offer expanded emergency services, add manufacturers reps or company sales reps.
Reason for Selling:
Owners are transitioning to 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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