Established CNC Machine Shop-Turning & Milling

Suffolk County, NY

Seller Financing Available
Established CNC Machine Shop-Turning & Milling
Contact Seller

Asking Price: $275,000

Cash Flow: N/A

Gross Revenue: $300,000

EBITDA: N/A

FF&E: $200,000

Inventory: $100,000

Rent: $3,333.33 /Month

Established: 1984

Established CNC Machine Shop-Turning & Milling

Save Print Share Valuation Report

Business Description

Excellent Opportunity for Growth with $75K Investment!

This is an exceptional opportunity to acquire a precision, fully-equipped machine shop, approved for government work, with significant growth potential! The owner has reached retirement age and is not aggressively seeking sales. This is a terrific opportunity for a young machinist, who wants to be an entrepreneur. The fully equipped shop has five CNC turning machines, two CNC milling machines, along with all the conventional machinery (Bridgeports, Hardinge Lathe, etc.) & a fully equipped inspection room.

In the past, the shop employed up to 8 machinists and had revenues of over $900,000. The right buyer will appreciate that he is acquiring a “foundation” of in-place assets that will position him to build a more profitable business. All that is needed is a more motivated owner with vision to increase sales & profits! The shop has approved quality control procedures and a manual in place (Mil-Std-45208).

Please complete and forward our NDA attached so we can discuss this opportunity further..

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,000
Lease Expiration:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The shop is located in an industrial park with convenient parking in the front of the building. The space has a reception/office areas and a rear shop housing a complete machine shop. Machinery on-site includes 5 CNC turning machines, 2 CNC milling machines, conventional machinery and a fully equipped inspection room.
Growth & Expansion:
In the recent past the shop employed as many as 8 machinists and had sales of over $900,000, showing that there is room for growth. The defense budget has grown under the present administration and is expected to continue to grow for the foreseeable future and there is presently a good deal of business available for this type of shop.
Financing:
$200,000 @7% interest amortized over 5 yrs. to qualified buyer.
Support & Training:
Seller will remain for sufficient time to transition the business. Also, may remain on staff to help buyer grow business back to previous sales levels.
Reason for Selling:
Owner has reached retirement age.
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Angelo A. Ferrara

Business Listed By:
Angelo Ferrara

Rapt Enterprises Inc.

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1558401 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings