Precision Tool & Machine Shop-Established!

Macomb County, MI

Seller Financing Available
Precision Tool & Machine Shop-Established!
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Asking Price: $395,000

Cash Flow: $159,780

Gross Revenue: $557,026

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 1980

Precision Tool & Machine Shop-Established!

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Business Description

This is a great opportunity to own a very successful, well established machine/tool shop in a central location of Macomb County. The current owner has been there since he established the business almost 40 years ago. Current owner has established a very strong data base of customers which the company thrives off of besides other walk-in business off the streets. The company offers precision turning, milling, die-forging, tool details, fixtures and assemblies among many other services. The company generates about 70%-80% of its revenue from the automotive business. Other strong revenues are generated thru the aviation business as well as many other different types of businesses. The company has a long standing great relationship with the community as well as all of the other surrounding communities. The business generates a very large cash flow for the current owner yet still has the potential to grow tremendously in the future. The business is offered for sale with the building and property or the business itself with an option to lease the building and property at a very competitive rate. Don't miss out on this great opportunity as it is priced very aggressively and won't last long. Call today to make an appointment to tour and purchase this very lucrative, successful business opportunity.
Note: Building Price: $200,000 or Building may be leased for $2,500 NNN a month as an option.

Detailed Information

Location:
Macomb County, MI
Employees:
4ft/3pt
Facilities:
square feet: 3500
Financing:
seller financing available with $150, 000 down on business and $100,000 on building
Support & Training:
seller will train
Reason for Selling:
retiring
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(from currently available funds)
 
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Greg Edgecomb

Business Listed By:
Gregory Edgecomb

Capital Business Brokerage

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