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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.

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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

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.

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Dr. Mark Hagar

A lifelong resident of Fort Wayne, Indiana, Dr. Mark Hagar brings decades of hands-on experience in small business ownership, acquisitions, and turnarounds to his role as a business broker. Over his distinguished career, he has acquired and operated more than 20 companies and engineered over 50 successful turnarounds, giving him a uniquely practical understanding of what makes businesses succeed, and sell. His portfolio spans manufacturing, distribution, and service firms in industries including printing, education, military contracting, aerospace, and orthopedics. This diverse background enables him to identify value, anticipate buyer needs, and structure complex deals with confidence and precision.


Mark holds a Doctorate in Business Administration (DBA) from Cranfield University’s School of Management in Bedford, England—one of Europe’s leading business schools. His research on small business resilience and operational excellence has been recognized by the Small Business Institute (SBI), the United States Association for Small Business and Entrepreneurship (USASBE), and the International Council for Small Business (ICSB).


In addition to his business career, Dr. Hagar has served as a member of faculty at several institutions of higher education, including Holy Cross College (Notre Dame), Trine University, and the University of Saint Francis. He also hosted Your Business Matters, a small business–focused radio show and podcast for more than a decade and is the author of Small Fortunes – the Acquisition Entrepreneur’s Guide to Buying a Profitable Small Business.


A passionate advocate for entrepreneurs, Mark previously chaired the Indiana Leadership Council for the National Federation of Independent Business (NFIB), representing small business owners before state and federal legislators. He currently serves as President of the Allen County, Indiana Economic Development
Commission.


As a broker, Mark specializes in industrial, manufacturing, and distribution firms, with particular expertise in special situations, distressed assets, and complex transitions where experience, creativity and discretion are central to success.