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Advert Ref: 35453

General Machine Shop Service & Industrial Equipment Repair Business For Sale

Details: Asking price:$4,850,000; Sales revenue:$1,570,000; Net profit:$740,000; Fixtures value:$1,500,000; Inventory value:$600,000

Business description: This “For Sale by Owner” general machine shop service and industrial equipment repair service business has been established for over 30 years in this community. The company provides general and specialty machine shop services to the industrial and commercial community. The company has built a solid reputation due to the personal high standards set by the company. They offer fast turnarounds and competitive pricing while providing dependable industrial repairs. They have earned the loyalty of their customers and enjoy a large repeat customer base. Many clients are referred to them and then they continue the business relationship because of the dedicated staff. The experienced staff can provide a variety of repairs and fabrication's to suite the customer’s specific needs. They are capable of handling all sizes and types of work. They pride themselves in minimizing cost and down time for their clients. The present owner is retiring and has agreed to stay on through a reasonable transition period to acclimate you to the business, the clientele and the employees. Contact now for details.

General information: Years established:36; Employees: 10 full-time; Real Estate: Real Property Included; Location:This owned 6700 sq. ft. facility is located on 1.75 acres.; Expansion potential:Growth and expansion could be obtained by developing additional field service work. Expanding to additional locations would generate new sales and promote increased customer base.; Competition / Market:There is very little competition in this area.; Support & training:Owner agrees to stay through a reasonable transition period.; Reasons for selling:Retirement; Financing available?There is no owner financing available.