Heavy Equipment Press Repair And Engineering
Location:
United States
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Tennessee
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Hamblen County
Industry: Professional Services > Other Professional Services
Business Summary
With 200 to 300 active accounts, this 28 year old business, including property and located in TN doesnt come along often. Primarily repairs metal stamping and forging equipment used by automotive and appliance manufacturers. Offers emergency repairs, complete and partial rebuilds, welding and brazing, machining, engineering and consulting. 3 crews are dispathed wherever needed, even Mexico and Canada! Most of the work is within a 400 mile radius. Engineering services also provided. 40 skilled employees, working 2 shifts, are willing to stay and work for the new owners. 62,000 sq ft single story (high ceiling) facility is included, allowing in-house repairs with plenty of elbow room. 2005 gross sales of $3M and 2006 gross sales of $4M. Includes lathes, fork trucks, cranes, tools, trucks, etc. Contact me for the complete list of assets.
Facilities: 62,000 sq ft facility. Situated on 11 acres, half of which is unused at this time. Metal frame, one story. Industrial neighborhood.
Competition: Little competition as this business offers a wide variety of services, in-house AND on the site.
Asking $3.8M. Includes property of $1.2 to $1.5 M. Email or call David Meislin at 315-292-6876 for more information on this Heavy Equipment Press business for sale.
Financials
Asking Price Range: $2.5M - $5.0M
Gross Revenues:
$4,000,000
Cash Flow:
$800,000
Cash Flow Type: EBITDA
Inventory: $1,000,000
Seller Financing: Not Disclosed
About The Business
Year Established: 1978
Number of Employees: 35 - 49
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: Owner will train.
Reason For Selling: Owner is retiring.
Click on the "I'm Interested" button above for more information on this Professional Services > Other Professional Services business for sale.
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Print Listing Id: 70056292
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