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Precision Engineered Machine Shop
Location: United States -> Florida -> Manatee County
Industry: Manufacturing > Machinery Manufacturing




Business Summary

The company is a precision engineering company supporting automotive, marine, food, leisure, space, and other industries. The company just received 2 signed revolving annual orders, with no end dates, adding $ 2,100,000 in gross sales with profit margins of 50%. WIP is approximately $1,500,000, Company has 2 overhead doors. A new customer has just been added with an initial order for $250,000 in gross sales annually and is also at a 50% profit margin. This has not been calculated into the 2023 forecast but will add an additional $125,000 in net to the owner. The shop is only at 40% capacity and some of the new CNC machines have never been used yet. This Florida based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and lower middle market business owners and buyers with transaction expertise. Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! Get added to our buyer list today to receive notifications as businesses with your criteria hit the market! For more information on this business for sale contact listing agent Joseph Nicolini - (813) 579-4920. Please refer to listing #3353362832.


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $2,861,163
Cash Flow:   $972,796
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $2,900,000
Seller Financing:  Yes

About The Business

Year Established:  1956
Number of Employees:  6 - 9
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Weeks Training: 2 Cost: $0
Reason For Selling:  Retirement

Photos

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Precision Engineered Machine Shop Photo 1




Print Listing Id: 700386802
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Also See: Franchise Opportunities > Franchise Resales > Florida Businesses For Sale > Florida Franchises For Sale > Florida Business Brokers



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