Machine Shop For Sale

Hopedale, MA (Worcester County)

Machine Shop  For Sale

Asking Price:$239,000

Cash Flow:N/A

Gross Revenue:$420,000

EBITDA:N/A

FF&E:N/A

Inventory:$150,000*

Real Estate:N/A

Established:1957

*not included in asking price.

Machine Shop For Sale

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Business Description

Small Machine Shop Business and Property For Sale

M.C. Machine has been serving Customers all over the United States for more than 55 years. The business was established by Michael Cogliandro,Sr. in 1957 and in the early 1980's Michael Cogliandro, Jr. began running the business. Michael Jr. continues to operate the business today and is selling the business so he can retire.

The business has a solid base of Customers and is capable of producing both metal and plastic components to meet electrical, mechanical, chemical and thermal requirements for various Commercial and Aerospace Companies. M.C. Machine is a screw machine products full-service CNC machine shop with a number of special services and products, including, but not limited to: Plastic Fasteners, Hex Head Bolts, Hex Nuts, Washers, Threaded Rods out of PVC, CPVC, Polypropylene. CNC Milling and Turning in Plastic, Aluminum and Stainless Steel.
Presently running at 60% capacity leaving ample room to increase sales without increasing expenses. Company occupies 60% of the building, leaving suffient space to handle additional equipment and personnel.
This Company is ideal for an owner operator or as an acquisition by another machine shop. All the equipment is included in the sale. The business is priced to sell at $239,000. There is an additional $120,000 in pre-sold inventory which is NOT included in the sale price.

Building and property will be leased to New Owner.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Building Sq. Ft.:
N/A
Employees:
6
Facilities:
S- Corporation Running at 60% Capacity - Leaving ample room to increase sales without increasing expenses. Company occupies 75% of the building, leaving sufficient space to handle additional equipment and personnel Loyal Customers - 80% Repeat Business. Knowledgeable, dedicated employees. Synergistic Business and Excellent Acquisition Opportunity for Another Machine Shop.
Competition:
Year Established: 1957 Number of Employees: 6 Relocatable: No Franchise: No Current Real Estate: Owned Property: Property For Sale
Growth & Expansion:
Gross Revenues: $420,000 Cash Flow Type: Sellers Discretionary Cash Inventory: Equipment Only Seller Financing: No REAL ESTATE: INCLUDED IN ASKING PRICE / WILL CONSIDER A LEASE
Financing:
Seller Financing: No
Support & Training:
Management Training and Support: Yes
Reason for Selling:
Wants to Retire
Business Website:
http://www.mcmachineinc.com

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Business Listed By:
Michael Cogliandro

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