Machine Shop Business For Sale
Southside

A 30 year old machine shop with a great niche for providing high tolerance machined parts to their clients.  All machinery is in good working order, and located in centralized area close to all parts of the region. There is staff in place that does a lot of the machining and sales.  Although 30 years old, there are still several areas where a new owner could grow the business and better utilize the existing asset and previous clients needs.   

Listing Number:

23874

Category:

Manufacturing

Location:

Southside
$575,000

Financial Information:

Gross Revenue:

$384,056

Listed Price:

$575,000

Down Payment:

$0

Total Income:

$157,859

Year Established:

1995

Lease Information:

Square Feet:

2500

Total Rent:

$2,000

Lease Expiration:

N/A

Lease Options:

Month to Month

Asset Information:

Leasehold Improvements:

$0

Equipment / Fixtures:

$108,175

Inventory:

$25,000

Other Assets:

N/A

Additional Information:

Full-Time Employees:

1

Part-Time Employees:

0

Special License Required:

N/A

Contract Labor:

0

Training Period:

2 weeks

Reason for Selling:

Retirement

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Timothy Johnson
Office: (757) 866-2321 | Cell:
License #:

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Machine Shop Business For Sale
Southside

Listing Number:

23874

Category:

Manufacturing

Location:

Southside

Listed Price:

$575,000
brokerPhoto
Timothy Johnson
Office: (757) 866-2321 | Cell:
License #:
A 30 year old machine shop with a great niche for providing high tolerance machined parts to their clients.  All machinery is in good working order, and located in centralized area close to all parts of the region. There is staff in place that does a lot of the machining and sales.  Although 30 years old, there are still several areas where a new owner could grow the business and better utilize the existing asset and previous clients needs.   

Financial Information

Gross Revenue:

$384,056

Listed Price:

$575,000

Down Payment:

$0

Total Income:

$157,859

Year Established:

1995

Lease Information

Square Feet:

2500

Total Rent:

$2,000

Lease Expiration:

N/A

Lease Options:

Month to Month

Asset Information

Leasehold Improvements:

$0

Equipment / Fixtures:

$108,175

Inventory:

$25,000

Other Assets:

N/A

Additional Information

Full-Time Employees:

1

Part-Time Employees:

0

Special License Required:

N/A

Contract Staff:

0

Training Period:

2 weeks

Reason for Selling:

Retirement

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.

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