Established Tool Shop In Middlesex County For Sale

Business description

One of its kind opportunity to own both business and property (property available through owner)! This well known machine shop has an excellent reputation and has been established for 40 years. Recurring business of hundreds of long-term customers, and has become a trusted business partner of the largest power tool manufacturers, being only one of a select few authorized service center for the top tool manufacturers. Its customer base is comprised of trade contractors and other professional consumers of power tools and related industrial tools, equipment, accessories and technology. Property is also available asking price $1 Million. Rental income from property is $42,000 p/a. Asking price is $325,000 with $350,000 down which includes all machines, tools and inventories. If you're looking for an established turn-key machine shop business with major upside potential, this is a definite must see so inquire now. Property is available through owner.

Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

Retirement

Years established:

1971

Other information

Support & training:

Yes

Furniture / Fixtures value:

$300,000

Inventory / Stock value:

$1,000