Successful Screw Machine Manufacturing Company For Sale

Business description

Successful well established screw machine manufacturing company. 4000 square foot facility operated with below market rents keeping overhead low. Well diversified client base covering several neighboring states with some long time clients. Solid reputation with customers and great quality enables repeat business. Screw machine parts are 100% of the revenue. The company has long term loyal customer base some dating back 20 years mainly due to high quality standards and tolerances.

Facilities:
The business is currently operates from a organized 4000 sq ft manufacturing space and office.

Support:
Owner is willing to train for a specific period of time depending on buyers skills.

Growth:
The company has been using one inside sales person to create new business the last 3 years, this move creates 30 to 40% of new business. An outside sales person would be able to bring in new business as the machines are running under capacity. Some machines could be better utilized to take up more capacity currently running at 65% efficiency.

Real Estate:
Not Included

Business Operation

Competition / Market:

Current market covers areas of Connecticut, New York, New Jersey and Ohio. A large portion of the business is in New York.

Reasons for selling:

Retirement

Employees:

5

Years established:

1989

Other information

Financing available:

NA

Furniture / Fixtures value:

$122,000 (included in the asking price)

Inventory / Stock value:

$10,000 (included in the asking price)

Home based:

This business can be run from home.

Relocatable:

This business can be relocated.