53 yr. old Complete Machine shop for sale that caters to building engines for Race Cars. Amazing inventory of specialty machines for this industry in the 4,000 sq foot building. Engine components inventory included. Major distributor of anything race engine related. Unlimited work available in the local racing market if you want it. Current owner slowing down recent years. Almost 80 yrs. old and ready to hand it off, but available to stay on part time or consulting. FT employee also available to stay on. High asset value of the various machines included -- many older machines that are considered priceless in this niche industry. Turn-key operation.
- Asking Price:
- $199,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $183,369
- Cash Flow:
- $53,696
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
4,000 sq. feet building jam packed with machines & parts. Very affordable rent.
Business Operation
- Expansion Potential:
-
Grow it as much as you want.
- Competition / Market:
-
More than enough work to go around. Be as busy as you choose to be. Usual mechanic starts at $100/ hour and goes up from there.
- Reasons for selling:
-
Retirement/health issues.
- Trading hours:
-
Monday-Friday 9am-5pm
- Employees:
- 1 FT
- Years established:
- 52
Other Information
- Support & training:
-
Will train for 1 week @ $0 cost.
- Furniture / Fixtures value:
- $411,339 - included in the asking price
- Inventory / Stock value:
- $23,000 - included in the asking price
- Relocatable:
- This business can be relocated.