Machine shop

Fridley, MN (Anoka County)

Machine shop

Asking Price:$710,000

Cash Flow:$180,000

Gross Revenue:$330,000

EBITDA:$180,000

FF&E:$150,000

Inventory:$5,000

Real Estate:$225,000

Established:1961

Machine shop

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Business Description

Established for over 40 years. highly profitable machine shop-"job shop" contract manufacturer. High quality, close tolerance machining-industries include aerospace, avionics, appliances, computers, telecommunications.
Building and business for sale. Excellent equipment included in the sale.
Sales have ranged-in the last four years, from $321,000 to over $366,000. Because of the nature of their customer base, Gross Margins average 94%.
Cash flow, assuming an owner/operator-involved in production and management is estimated at $180,000.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
5725 square foot building; lot size 11,380
Competition:
Other machine shop manufacturers
Growth & Expansion:
Sales, marketing-none being done at oresent.
Financing:
0
Support & Training:
Training provided.
Reason for Selling:
Retirement

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Bob Griesgraber

Business Listed By:
Bob Griesgraber

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Sponsoring Broker:
Thomas Green

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