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Sunbelt of Durham

Large Machine Shop Expansion Opportunity In Southeastern Region For Sale

Southeastern Region, North Carolina, US
Asking Price:
$5,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,200,000
Cash Flow:
$550,000

Longstanding machine shop with roughly 80% of unused machinery capacity. This 30,000 square foot shop, sitting on 4 acres, is custom built to accommodate its over $2 million dollars' worth of equipment. Direct access to two major highways in a highly sought after location and market.

This machine shop is truly unique and is one of just a few that are capable of completing large and extensive industrial repair projects in the southeastern region. Machine shop is highly regarded and specializes in completing large and unique projects. Customers include Fortune 500 companies and the US Government.

This is a great opportunity for an existing machine shop to expand into a new area or utilize the existing location to tremendously expand capacity. Machine shop currently turns away nearly $1 million in revenue as owners have sought to retire and placed a lesser emphasis on hiring additional employees. Asking price includes both equipment and real estate.

Equipment:
- Lathe turning to 9.5 ft diameter by 90 ft long
- Vertical Boring Mills to 14 ft swing
- Horizontal Boring Mills to 18 ft horizontal by 10 ft vertical by 4 ft spindle travel
- Planer Milling to 10 ft by 10 ft by 44 ft long
- Internal keyway broaching up to 5" wide X 42" long
- Dynamic Balancing to 25,000+ pounds
- Wide span overhead bridge cranes
- CNC & Manual Machinery
- More than a million pounds of machinery & equipment.

Portable/Field Machining Capabilities Including:
- Hydraulic Boring
- Flange Facing
- Linear / Profile Milling
- Plane Milling
- Magnetic Base Large Hole Hydraulic Drilling & Tapping

For more information please contact Adam Ezell (919) -------- or [email protected]
Facilities:
The facility is 30,000 sq ft of industrial space situated on 4 acres. The facility has a foundation reinforced with rebar to support the weight of the equipment. The facility has undergone several modifications to efficiently fit and support all the equipment necessary for this large manufacturing and repair machine shop.
Real Estate Available: Yes
Real Estate Included: Yes
Real Estate Value: $4,000,000.00
Real Estate Description:
30,000 Sqft of industrial space situated on four acres

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No
Rent: NEGOTIABLE
Owner worked hours per week: 40
Is Going Concern: Yes
Market Competition: The machine shop is positioned to perform jobs many other shops cannot. Many of the jobs face little competition. The shop needs to add sales, marketing, and middle management to really flourish and live up to its potential. The equipment and location of this shop are of top-tier quality.

Property Information

Real Estate:

Real Property Included

Size in square feet:
30,000

Business Operation

Reasons for selling:

Retirement - but willing to transition and stay on

Employees:
Full Time: 6
Years established:
87

Other Information

Support & training:

Seller is open to staying on in a managerial role or training role. Negotiable

Financing available:

Downpayment Required: NEGOTIABLE
Financing is available

Furniture / Fixtures value:
$2,300,000 - included in the asking price