Under LOI – Well-Run Machine Shop – Southwest Michigan

Under LOI – This established machine shop is the ideal business for that aspiring entrepreneur looking to enter the mature machining industry after a solid foundation has been laid. There are many opportunities for growth and to expand into additional revenue streams. The proximity to many in need of machined parts is inviting.

The variety of installed machines, including 5 CNC machines, allow the company to run several types of parts. With great proximity to the Interstate Highway system, it is easy to move raw materials in and finished parts out. An owner with a passion for solving customers’ problems and a skill in industrial sales will be amply rewarded.

Listing ID:

ABB-24035342-90

Location:

Southwest Michigan

Type of Business:

Machine Shop

Asking Price:

$295,000

Gross Revenue:

$409,000

Cash Flow:

$60,000

FF&E:

$130,000 (Included)

Established:

1985

Employees:

3 Full-Time, 4 Part-Time

Facilities:

Great location, just a few minutes from Interstate Highway system
Easy turn around for trucks to ship and receive.
Room for expansion
Close to labor pool

Real Estate / Lease Terms:

Available for lease or sale

Growth Opportunity:

General machining services a wide range of manufacturing
Property has plenty of room to expand the building.
Operation has machines to take advantage of market opportunities.

Competition:

The industry is fragmented.
Currently foreign competition is being reduced as work is being brought back to US producers.

Support & Training:

Seller will provide training on running the operation as well as accounting and finance.

Reason for Selling:

· Seller looking forward to an active retirement.

Broker Contact:

Larry Baumgart – Advanced Business Brokers

Direct: 269-330-6924

Fax: 248-564-5259

Email: Larry@ABB-BusinessBrokers.com

For more information, fill out the form below:

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The broker has made no investigation of the above information, prospective buyers must accept all due diligence responsibility. Above information is subject to change and/or correction and should not be considered binding.