Rhode Island Machine Shops and Tool Manufacturers For Sale

Machine Shops and ToolsRhode Island

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6Business, Real Estate & InventoryTHE TOOL CRIB
$400,000
Business, Real Estate & InventoryTHE TOOL CRIB

East Providence, RI

*THE TOOL CRIB* BE YOUR OWN BOSS! Established in 1990! TURN KEY business specializing in the sales of Industrial cutting tools, cutter grinding and machine shop supplies. This sale includes over $400k of inventory plus the real estate. Well maintained building with a 12 year old roof, drive in overhead door. Business is booming! Great income. Full usable basement with kitchen and storage. Private parking lot. Don't miss out own your own business! Owner will train.

Specialized Commercial Heat Treating Company
Specialized Commercial Heat Treating Company

Providence, RI

The Company is a commercial heat treating company specializing in the heat-treatment of high-speed steel and alloy tool steels in molten salts. Tools and components heat treated by the Company using salt bath processes outperform those heat treated using vacuum and controlled atmosphere furnace processes, showing increased wear resistance, toughness, and ductility under the most arduous working conditions imaginable. Whether it is metal cutting tools (such as milling cutters, saws, slitter knives, drills, taps, reamers), metal forming tools (such as punches and dies), down hole hammer drills for gas and oil well drilling, or pneumatic chisels used in the construction trades, the Company’s heat treating procedures instill optimum superior metallurgical properties in the parts processed. The target markets for the Company include tool and die (30% of 2017 sales), machinery/OEM (26%), military and defense (19%), food processing (9%), mining and construction (2%), and paper products (2%). The Company operates from a 14,000-square foot manufacturing facility, as well as a 1,512-square foot office building. It is currently staffed by 14 full-time, non-union employees.

Precision CNC Machine Shop-Fifteen CNC Machines
$1,250,000Cash Flow: $312,459
Precision CNC Machine Shop-Fifteen CNC Machines

Providence, RI

Twenty five years of operation. High quality CNC milling and CNC turning. Fifteen employees. Detailed equipment list including Haas, Mori Seki. Major materials processed include aluminum, stainless, Ti, and various performance plastics. Unusually strong inspection capabilities for a company this size. Major end markets are technology and consumer. Three owners positioning for retirement. Real estate also available (multiple tenants). Who should buy this business? A. Strategic buyer seeking additional capacity. B. Defense related CNC business who wants to add non-defense business legs. C. Out of state buyer targeting a base in strong Rhode Island manufacturing economy. Asking price is $1,250,000 plus four percent commission on to-be-released new programs (can provide detailed list) which potentially can add $500,000 to $1 million or more revenues annually. Lender to business wants to work with interested parties. Asset base very strong. Good quality financial statements.


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