| Asking Price |
$1,050,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$1,252,790 | Real Estate |
$475,000** |
| Cash Flow |
$291,947 | Year Established | 1995 |
| FF&E |
$429,000* | Employees | 8 |
* included in the asking price
** not included in the asking price
Precision CNC Machine shop with sales of over 1 million dollars. This company specializes in High Tech communication components, including defense work and consumer communications infrastructure components. The company enjoys contract relations with several of it s customers. The customer base is 12 to 16 customers. The company has enjoyed excellent growth, averaging 27.7% annual growth over the last four years. The facility is approximately 9,500 Sq. feet and is in excellent condition. The property and building are for sale for $475,000. This would be a separate sale from the assets of the business. The non union work force is energetic and has been cross trained, adding to the shop s flexibility. The wages and benefits are in line with the local economy, and a second shift has been added to handle the shop s increased production demands. Shop Highlights East coast location, close to customer s headquarters. Varied customer base Up to date equipment Advanced technology products Stable and dependable work force History of outstanding growth and performance Terms: Bank financing required. Real estate to be a separate transaction between the principals.
Facilities: The facility is approximately 9,500 Sq. feet and is in excellent condition. Masonry construction
Competition: East coast location, close to customer s headquarters. Varied customer base Up to date equipment Advanced technology products Stable and dependable work force History of outstanding growth and performance
Growth/Expansion: Customers have multiple machined parts that make up their finished products.The ideal candidate would be a manufacturer whose is currently out sourcing his machine work, who would greatly benefit from acquiring a facility which would reduce their cost by at least 50% after debt service.
Financing: Bank financing required
Support/Training: Owner training for 45 days
Reason Selling: Retirement

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