Profitable CNC Machine Shop Long Island NY For Sale

Profitable Full-Service One-Stop CNC Milling and Machine Shop located on Long Island, NY. This business specializes in manufacturing parts for various markets including motion control, automotive, printing, packaging, precision instrumentation, oil and gas, aerospace, and defense. The company works with all materials including steel, stainless, aluminum, and plastics. Additional services include Plating, Painting, Sand Blasting, Engineering Services, Inventory Control and Maintenance High Volume Precision Saw Cutting, Assembly, Welding/Fabrication, Inspection Services and Project Evaluation. This business also provides inspection services that include CMM (Coordinate Measuring Machine), Reverse Engineering, Digitizing and FAI (First Article Inspection).
This business provides a great opportunity for a machine shop manufacturing company to expand their service operations. The property is available for purchase and are incidental to sale of the business.
This business is headquartered in a 6,400 SF climate-controlled facility in Long Island. Open 5 Days a week. This company was established in 2004 and benefits from an excellent reputation from their high-quality products and reliability of services, generating repeat business.
This business is priced to sell with a highly motivated owner. Seller will provide hands-on training to ensure a smooth transition.
For more information, please contact:
• Asking Price: $2,600,000
• FF&E: $1,400,000 (included in asking price)
• Annual Cash Flow: $800,000
• Gross Revenue: $2,000,000
• Inventory: $500,000**
• Employees: 4 FT
• Monthly Rent: $7000
• Security Deposit: $14,000
• Down Payment: SBA will require 10% down
• Open: 5 Days a week
• Building Size: 6,400 Sq Ft. (SBA Pre-Approved)
• Established: 2004
**Inventory is not included in purchase price
Reason for Selling: Owner is seeking retirement.