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Precision Machine Shop Business

Harford County, MD

Building
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Asking Price: $400,000

Cash Flow: $150,000

Gross Revenue: $700,000

EBITDA: N/A

FF&E: $250,000

Inventory: N/A

Real Estate: $1,250,000*

Established: 1991

*not included in asking price.

Precision Machine Shop Business

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Business Description

Well Established Precision Machine Shop Business

Owner is selling Precision Machine Shop Business located in Aberdeen Maryland established in 1991. The business is located in a 10,000sf building also owned by owner and currently listed separately from the business. The business will include many machines and tools worth close to $250,000. A list of these assets will be provided upon request and a signed NDA. The business is a 'Preferred Silver Supplier' for Northrop Grummon. They have contracts in place and orders that will take through the end of this year to finish fulfilling. They have CNC Mills and Lathes and Quality control with a CMM. This business has been highly profitable throughout its existence and the demand for this service has never slowed.

Detailed Information

Location:
Harford County, MD
Real Estate:
Owned
Not included in asking price
Building SF:
10,000
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The owner is selling separately from the Business a 10,000sf building which houses the business. Included in the sale of the business will be all machines and tools in the shop which are worth more than half of the asking price of the business.
Competition:
The business has always seen a need for its services. There has never been a challenge from competition. With the length of time this business has serviced its contracted clients, they have seen no challenge to remain steadily busy and highly profitable.
Growth & Expansion:
The current owner chose to keep this business as a small to mid sized machine shop in order to keep things simple and to keep an eye on quality control. This business could easily be scaled.
Support & Training:
Most of the current staff have been with the business for many years and are well experienced. The owner will be willing to stay on for several months to help train the new owner/operator.
Reason for Selling:
Owner is Retiring
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Business Listed By:
David Feazell

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