PRICE REDUCED! 15+Year, Turnkey Machining Co. Excellent Cash Flow!

Reno, NV (Washoe County)

Seller Financing Available
PRICE REDUCED! 15+Year, Turnkey Machining Co. Excellent Cash Flow!
Contact Seller

Asking Price: $500,000

Cash Flow: $135,001

Gross Revenue: $525,001

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $5,450 /Month

Established: 2002

PRICE REDUCED! 15+Year, Turnkey Machining Co. Excellent Cash Flow!

Save Print Share Valuation Report

Business Description

Don't miss this exciting opportunity to acquire a diverse business that performs machining and specialty services for numerous manufacturers, including automotive, veterinary, electronics, industrial, agricultural, and the military. Family owned and operated from its inception, the company has developed and maintained long-term relationships with their customers. The facility is located near main arterial roads and has easy access for shipping and receiving. The sale includes CNC and manual machines and molding equipment, as well as specialty machines that contribute to the business. The highly skilled staff is willing to stay. The facility has plenty of room to greatly expand its operation and, if shifts and/or days of operation were expanded, revenues could dramatically increase.

One of the greatest benefits of owning this business is that most of its income is from recurring reorders. Customers have been returning for their specialty parts and services for years. From prototypes to large production runs, this business delivers high-quality products in a timely manner. Machine shop experience for the Buyer would be a plus, but Seller is willing to negotiate training if needed to ensure a smooth transition. If desired, the Buyer could easily capitalize on growth opportunities and expand the company, or simply step in and immediately enjoy continued growth and profitability running the company as-is. The Business is SBA pre-qualified for a Small Business Administration Loan (SBA 7a Loan). Buyer could purchase with as little as 10% down of the acquisition price. Seller is prepared to finance a portion of the purchase.

Locally, the Reno, Sparks, and Carson City area has a small town feel with a big city attitude. The city offers excellent shopping and dining options, robust nightlife offerings, high-performance schools, including a Tier 1 University with over 25,000 students—and is just a half hour from beautiful Lake Tahoe.

From a Business perspective, Northern Nevada is highly regarded as a pro-business, low-tax environment that appeals to a wide range of business and industry. With no personal, corporate, franchise, estate, inheritance, or inventory tax, it’s no wonder that Nevada ranks #3 Most Business-Friendly Tax Climate.

Detailed Information

Location:
Reno, NV
Real Estate:
Leased
Building SF:
8,000
Lease Expiration:
N/A
Employees:
4
Facilities:
Centrally located, roughly 8,000 sf facility with easy access to the freeway and easy access for trucks for shipping and receiving. Plenty of space to grow the company. Excellent lease and landlord.
Competition:
They are justly proud of their high level of professionalism and quality of services. They have a great reputation, loyal customer base, competitive pricing, and produce superior products, which is why their customers keep returning.
Growth & Expansion:
Nevada's economy is experiencing unprecedented growth. If desired, growth of this company could be achieved by developing relationships with the many new businesses moving to the area. It could support an increase in production volume by adding additional employees and shifts. The wide variety of products manufactured by this company will always be in high demand.
Support & Training:
Six months (negotiable), part time at a negotiated rate and phone consultation thereafter. Seller is dedicated to Buyer's success.
Reason for Selling:
Greener pastures
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Bradley Bottoset

Business Listed By:
The Liberty Group of Nevada

The Liberty Group of Nevada

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1667486 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


Window Genie

Franchise Opportunity In NV
Cash Required: 50000