60 Year Old Machine Shop with Loyal Customers

Worcester County, MA

60 Year Old Machine Shop with Loyal Customers
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Asking Price: $299,000

Cash Flow: $58,144

Gross Revenue: $325,581

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 1957

60 Year Old Machine Shop with Loyal Customers

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Business Description

Machine Shop with real estate option

This is a well-established machine shop with loyal customers for generations for over 60 years. The owner first began working in the shop with his father. The shop has a long history of practical machining, such as turning, drilling, threading and boring, the bulk of the revenues today are derived from Automatic Screw /machining of metal and plastic components for aircraft, missile, and electronics applications. The company has been able to capture the growing market for plastic machining and the facility is able to handle PVC, Polypropylene, Teflon, Nylon, CPVC, Kynar, Kel-F, Polyethylene, Aluminum, Brass, Stainless Steel, and Steel. With an in-house engineering department and programming capability, the company can meet electrical mechanical, chemical, and thermal specifications. The price includes inventory. We have so much more information to share, contact us today at 978-989-8900!

Detailed Information

Employees:
3
Facilities:
Facilities include 7,000 square feet of production space with an additional 3,500 sq. ft. available for finished parts and storage. Over six decades, the company has been a strong partner in the manufacturing community of New England, providing tooling and parts for a number of industries throughout the region. The company has been producing for 70% of it’s client base for over 40 years.
Growth & Expansion:
Certain updates would render greater profitability to existing accounts.
Support & Training:
3 weeks
Reason for Selling:
retiring
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Matthew Plante

Business Listed By:
Matthew Plante

Transworld Business Advisors of North Shore Boston

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Sponsoring Broker:
Transworld North Boston

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