Buy a Foundry and Machine Shop For Sale business for sale in Southeast Michigan on BusinessesForSale.com

  • Advert ID: 631492
  • (Seller ref: 575)

Foundry and Machine Shop For Sale


Location:
Category:

Listed by:

Asking price:
$489,000
Sales revenue:
$734,479
Net profit:
< $250k
Years established:
0


This company has been a leader in copper-steel and nonferrous castings for over forty years. Its primary focus is supporting industrial manufacturing. 95% of its business is in the Midwest United States. It holds thousands of proprietary patterns and therefore is a key player in the repair and replacement or automotive production machinery. The current owner has owned the business for ten years and is looking to retire. Financial information show is estimated 2007 year end results. Real estate is for sale for an additional $200,000. Knowledge of the casting business is helpful but not required because the experienced staff will be interested is staying aboard.


Reasons for selling:
Retirement
Furniture / Fixtures value:
$206,000
Inventory / Stock value:
$125,000

For more information about this business for sale, click the Contact Seller button.

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