30 Year Old Precision Machine Shop w/Real Estate

TX

Seller Financing Available
Seller Financing
Contact Seller

Asking Price: N/A

Cash Flow: $367,000

Gross Revenue: $1,891,000

EBITDA: N/A

FF&E: $500,000

Inventory: N/A

Real Estate: $970,000

Established: 1988

30 Year Old Precision Machine Shop w/Real Estate

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Business Description

The company is a full-service machine shop providing full cycle production, including material purchase, machining, welding, cleaning, and packaging.

The company specializes in instrument production and prototype work, precision tooling and molds, custom fixture design and manufacturing, and molding repairs

The company owns a 12.068 square foot facility that houses over 20 machines. The sale of the real estate is part of the transaction.

The company is noted for high quality work and customer service, serving some customers for more than 20 years.

The company stability has contributed to steady growth and the ability to attract and retain a diversified staff of professional and dedicated employees.

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
12,068
Employees:
18
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
One (1) one-story office warehouse with connecting buildings and one (1) two-story office warehouse on 0.482 ± acres. Gross Building Area (GBA) is 12,068 square feet with 41% office finish out and 72% HVACed area. The seller owns the real estate under a separate legal entity and desires to sell the real estate with the business. Certified property appraisal completed 9/31/2019.
Competition:
The industry is fragmented and businesses in this space range in size and quality of service. This business is competitive on price and receives high client reviews based on their quality of work and service.
Growth & Expansion:
The outlook for earnings growth is positive by implementing a sales and marketing strategy.
Financing:
Contact Broker to Discuss
Support & Training:
Seller is dedicated to a meaningful transition period of up to 30 days for training, to ensure optimal succession.
Reason for Selling:
Owner retirement
Contact Seller

Contact the Seller

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Carl J. Mehlman

Business Listed By:
Carl J. Mehlman

TMV Business Group / A Riverbend Company

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Memberships & Certifications:
The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.

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