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Business for Sale Summary

Specialized Machine Shop for Sale in Kings County, - 26991

Business Type: misc. servicel/non-classifiable,professional services,misc. manufacturing/non-classifiable,absentee business,seller financing available,mfg businesses
Owner Financing
Specialized Machine Shop for Sale in Kings County,
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Financial Information (non-confidential)

General Information
Asking Price $125,000 Down Payment $125,000
Gross Revenues $0 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$125,000 Down and None.

Business Description

Specialized Machine Shop - Tool Maker. ONLY OPERATES 4 DAYS/WK! Strictly B to B. They have been in business for over 69 years with a diverse clientele. The current owner is never there and does nothing to promote growth. The business has declined due to this. Clients are well established companies spread all over the US, so the notion of "seasonal" or "territorial" setbacks do not exist. The company makes tooling for a variety of customers in different industries including healthcare, packaging, medical, cosmetic display, air and naval defense, leather products, agrobusiness, automotive etc. This means the crisis of one industry is more then compensated by diversification of the customer portfolio. In the past year the business grossed just over $100K. It is profitable, but this is really more a sale of assets, lease, goodwill and customer lists. They occupy a 2,500 sf. space with a rent of only $3,200/mth INCLUDING all utilities. We are seeking a serious and financially qualified buyer with at least $125K in liquid funds and some background in the industry. To learn more, please call or email Mel Vaz today at 631-909-1095 or melvaz@vestedbb.com. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

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.