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This is a Manufacturing Company located in central Minnesota. It was established three decades ago and has approximately 95% recurring customers. Services include CNC and manual machining, reverse engineering parts from samples, and machining stainless steel, titanium, plastics, aluminum, and CRS steel. They use the software available: Solidworks and Bobcad.Equipment includes a Haas VF5XT CNC Milling 30”x60” X, Y travel 31-station tool changer, 2 ea. Haas VF2 CNC Milling 16”x30” X,Y travel 20-station tool changer, Haas CNC Lathe with bar feed, COSEN computerized automatic bandsaw cut-off saw, etc. FACILITIES:A 7,500 square feet building with an additional 2,600 square feet unheated storage buildings. The seller paid himself $18,000 in rent per year. EMPLOYEES:The business has a staff of one long-term full-time lead machinist (who runs the shop during the owner’s absence) and one part-time employee, with the owner working full-time as a machinist and maintaining the equipment.REVENUE:Revenue in 2023 was $491,902, 2022 was $616,927, and 2021 was $593,333, with a weighted cash flow of approximately. $194,822ASKING PRICE:The asking price for the business is $435,000. Furniture, fixtures, and equipment (valued at approximately $190,000) are included in the price. The long-term Client List, Website, Goodwill, Business Name, and Inventory, which is valued at $3,000 (at cost), are also included. The buildings are for sale as well, and the asking price is $430,000.REASON FOR SALE:Retirement. He will provide the necessary training to ensure a smooth transition.
TYPE OF BUSINESS: Rental Business – Family Owned & Operated.A well-established rental company that has proudly served the twin cities metro area for over three decades. Specializing in construction, excavation, concrete, lawn and garden, home, party and tent, and U-Haul truck rental industry. Inventory consists of a wide variety of boom lifts, track, and wheel loaders, mini excavators, trenchers, dingos, towable air compressors, skid steer, trailers, tables, chairs, canopies, generators, and more to cater to various industries and individual needs.The company’s longevity in the industry reflects their commitment to meeting the diverse needs of their clients with professionalism and expertise. With over 30 years in the business, they have earned the trust of countless customers and partners.FACILITY: The business operates from a 4,200-square-foot facility for maintenance, office, retail, and storage, with a large shop for indoor storage. This property is included in the sale price of approximately $650,000. This business is located 30 minutes east of the Twin Cities.EMPLOYEES: This is an owner-operator business with four part-time employees and one full-time employee. The owner oversees the business and works with sales and estimating.GROSS SALES: 2023-$406,500; 2022-$420,100. Cash flow for 2023 was approximately — $ 131,000.SALES PRICE: This is an asset sale. The seller is asking $1,295,000 for the business, which includes $1,000,000 (fair market value) in equipment and buildings and property valued at $500,000. The sales price does not include an inventory of $20,000REASON FOR SALE: Retirement.
TYPE OF BUSINESS: Newly remodeled, fully operational restaurant located in the heart of Rochester; Peace Plaza! This turn-key restaurant is fully equipped with a 12’ built-in hood system. The possibilities are endless, whether you want to keep the current theme or add your unique touch. The main dining room seats 57 guests, with additional seating in the Plaza. FACILITY: The green-N-fresh restaurant space is located in the historical 1st. Ave. building (the oldest building in Rochester) and is approximately 1,858 square feet of dining and kitchen with an additional 1,380 square feet in the lower level for a 10’X10’ walk-in cooler, 8’X8’ walk-in freezer, with a ton of storage space. The dining room is set up buffet style with hot/cold tables for fast service but is plumbed for a full bar with an available liquor license. Neighbors include the Mayo Clinic, Kahler Hotel, Chesters, Well Fargo, and Chateau Theater. Peace Plaza has events all year long; for example, they have a Social Ice event in February. This unique event has themed ice bars and carved ice sculptures on display as well as live music. Fresh Air Fitness (fitness classes) every Saturday day and Sidewalk Sessions (local and regional musicians).
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