UA-161827448-1

Profitable, Diversified Machine Shop in NC

Listing Number: 13485-141003

Description

A desire for retirement has placed this diversified and highly profitable Machine Shop located in North Carolina on the market. The company provides machined parts, metal fabrication, welding as well as catalogue sales of cutting tools and industrial supplies. It is located in a HUB Zone and has been in business 30+ years with gross sales averaging $1.5 million over the past three years even though it does virtually no advertising.
No one customer makes up more than 25% of this company's revenue. The company has established relationships with large and small manufacturers, does some production work as well as job shop machining which are supplemented by catalogue sales (roughly 25% of sales). Expenses have been well-managed allowing an attractive rate of return every year.

Listing Details

  • Price: $1,757,000
  • Down Payment: $1,557,000
  • Sellers Discretionary Earnings: $443,992
  • Total Sales: $1,604,689
  • Location: North Carolina

  • Inventory: $0
  • FF&E: $0
  • Employees: 12
  • Year Established: 1985
  • Reason for Selling: Retirement
  • Category: Machine Shop
Profitable, Diversified Machine Shop in NC

Business Listed By:

John Chaffee