Gov't contractor Turning, Machining and Screwing Machine Shop

New Rochelle, NY (Westchester County) (Relocatable)

Seller Financing Available
Gov't contractor Turning, Machining and Screwing Machine Shop

Asking Price:$419,900

Cash Flow:$202,255

Gross Revenue:$331,000

EBITDA:N/A

FF&E:$160,000

Inventory:$150,000*

Real Estate:N/A

Established:1980

*not included in asking price.

Gov't contractor Turning, Machining and Screwing Machine Shop

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Business Description

Steady Business that turns work away.

This company is a high-precision, MIL-I-45208A approved Turning, Machining and Screwing Machine Shop, specializing in small to medium sized runs of parts from 1/32" to 15" in diameter for turned parts and 16" to 22" maximum for machined items. The company primarily serves the defense, medical and high-tech commercial fields where quality and on-time delivery are paramount; our standard lead time is two weeks or sooner!
The company is a close knit shop where all facets of business are taken personally, from quotation to delivery. In addition, only proven quality sources are used for outside services such as heat treating and plating.

Profitable business. Net 2015--$202,255, Net 2014--$192,563, Net 2013--$230,035 Very consistent Profits.

Please go to our website and fill out NDA for more information:
http://www.northeastbizbuy.com/

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Building SF:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Niche machine shop fully equipped, can relocate or rent from these owners for $3,000 per month. Profitable.
Competition:
This business has a niche with contract work for government. They are approved shop for government work.
Growth & Expansion:
Current owners are not aggressive at this point due to their age. They turn down work and new owner can capitalize on this.
Financing:
Financing options available
Support & Training:
Owners can stay on as long as its needed.
Reason for Selling:
Retiring after 35 years in business
Business Website:
http://www.northeastbizbuy.com/

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Jay Hamel

Business Listed By:
Jay Hamel

Northeast Biz Buy

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