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- RE: Spindle Repair & Service Company.
- Contact: Abel Bastida
Quick Facts
Asking Price: | $459,000 | |
Annual Revenue: | $938,910 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $149,626 | |
Total Debt: | Not Disclosed | |
FF&E: | $641,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 3 | |
BBN Listing #: | 939418 | |
Broker Reference #: | 58134-526848 |
Business Overview:
*SELLER WILLING TO OFFER 50% SELLER FINANCING WITH A STRONG OFFER
Although this company was impacted greatly by covid, due to many workers not being present at work at Manufacturing, CNC Machining and various heavy machinery related businesses, it is centered in a very useful market that is uncrowded and unique. It also has capacity to return to pre-covid growth and new substantial growth with the employ of another service tech and actual marketing.
This business has developed many large clients over the years but due to an adverse personal circumstances, the Seller must offer the company to sell.
The Property is also for sale with another 5,000 square feet or so rented to a tenant that pays rent on time with little to no maintenance expenses. Real estate report included with the CIM.
Business sale price: $459,000
Property sale price: $599,000
Combined total: $1,058,999
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Reason for Selling:
retirementAdditional 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
Relevant Links:
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