High End Metal Shop w/$400k net! Great shop and customer list

Florence, SC (Florence County)

Seller Financing Available
High End Metal Shop w/$400k net! Great shop and  customer list

Asking Price:$995,000

Cash Flow:$400,000

Gross Revenue:$1,000,000

EBITDA:$400,000

FF&E:$1,000,000

Inventory:$50,000

Real Estate:$650,000*

Established:2000

*not included in asking price.

High End Metal Shop w/$400k net! Great shop and customer list

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Business Description

This precision machine shop includes about $1,000,000 in high end machines and CAD. Using the latest CAD equipment, the company produced just under $1,000,000 creating high quality precision products. This sought after business-to-business manufacturing model is a rare find.

The company has the ability to do short runs as well as volume production. The finished products have incorporated some of the following processes: turning and milling, grinding, welding, broaching and fabrication.
All equipment and inventory are included in the sale, however, the building but can be purchased for an additional $650k. The purchaser has the option of leasing for $4k per month or buying the building with owner financing.

The current owner is willing to stay on to transition the business and/or may continue with them in sales or production. Although this business is highly profitable, it can be more so with sales and marketing by a new owner. Currently no marketing or outside sales exist, relying 100% on their stellar reputation.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building Sq. Ft.:
N/A
Employees:
8-10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
10,200 square foot Prime Commercial Machine shop on sought after highway.
Growth & Expansion:
One of the few machine shops in this market. Currently no marketing at all.
Support & Training:
30 days included. May stay on for a year or more
Reason for Selling:
Health Issue

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Ken Neathery

Business Listed By:
Ken Neathery

Sunbelt Business Brokers

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