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This Business has been Sold!
Broker: Jim Aloi

Business for Sale Summary

Machine Shop For Sale in Suffolk County, NY - 28081

Business Type: misc. internet/technology/non-classifiable,misc. wholesale/distribution/non-classifiable,best deals!,illness forces sale!,must sell/drastic price reduction!,new to market,seller financing available,primary metal industries
Sold
Machine Shop For Sale in Suffolk County, NY
On , The Undersigned
Acted as the Advisor to the Deal
Jim Aloi
Jim Aloi Senior Broker
Servicing: Bronx County NY, Kings County NY, Nassau County NY, Suffolk County NY
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $270,000 Down Payment $135,000
Gross Revenues $500,000 Lease Remaining Register Free to View
Owner’s Cash Flow $100,000 Number of FT Employees Register Free to View

Financing

$135,000 Down and $135,000 for 4 years @ 6%

Business Description

Machine shop established & owned since 1990. This well-equipped shop is 3600 square feet & includes over $300,000 in equipment and inventory. This shop manufacturers for electronic companies and power supply companies, as well as telecommunication companies. They offer a protected line of products. Seller is sick and does no machinist work. If a buyer who buys this company should be a machinist. He can earn a net salary of at least $150,000. Note- the equipment and inventory is equal to the asking amount. Very good shop to grow and merge other similar product lines. Cheap rent, low asking price, attractive terms. Do not miss this fantastic deal. This shop is relocatable since less then ten percent of their business is pick up. Must see to appreciate. Includes shipping room parts room, 2 machine shop areas, waiting area, 2 office areas, and too many extras to list. Please call 1-877-735-5224 for further information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.