Very Profitable Machine Tool Remanufacturer in Michigan

Listing Number: 0483-70748


This business specializes in the rebuild, remanufacture and repair of metal working machine systems. The business regularly secures contracts for work with recurring customers including the United States Departments of Defense and Energy which have generated substantial profit margins through the years. The business sets itself apart from competitors by operating as the sole worldwide service department for LeBlond Machine Tool Company which has existed for over 100 years as one of the largest machine tool builders in the world. Included with the sale of the business is a list of all machines and owners of LeBlond equipment, exceeding 20,000 in number, which will allow a new owner to continue to exclusively service these machines. A highly skilled staff of electricians, mechanics and support specialists are in place that would stay on with a new owner which would provide for an efficient transition. The company is located in a 25,000 square foot facility, tailored specifically to the business’s operations, which the owner is also interested in selling separately. The owner is willing to provide financing on a portion of the purchase price conditional upon review of the buyer’s financial standing.

Listing Details

  • Price: $2,200,000
  • Down Payment: $1,000,000
  • Sellers Discretionary Earnings: $786,763
  • Total Sales: $4,150,532
  • Location: Withheld, Michigan

  • Inventory: $85,000
  • FF&E: $75,000
  • Employees: 20
  • Year Established: 1983
  • Reason for Selling: Retirement
  • Category: Manufacturing

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