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Profitable Machine Shop In New York For Sale

New York, US
Asking Price:
$490,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$505,163
Cash Flow:
$154,464

This machine shop has been in existence since 1992 and can boast of having some of the same customers since its inception. They manufacture products for the aerospace industry, as well as punches and dies, parts for sawmills, parts for precision machinery, and custom-made parts.

They have 3 and 4-axis CNC machines along with mills and lathes that can manufacture small runs or part runs in the tens of thousands. They have a reputation for on-time delivery of parts at a reasonable price. They also have the capability to do assembly and prototyping.

There is a 12,000-square-foot building for lease with the sale of the business.

Property Information

Real Estate:

Lease

Leasehold Rent:

$24,000 per annum

Premises Details:

The business uses 4,000 for the machine shop and 8,000 square feet would be available for use by the buyer.

Size in square feet:
12,000

Business Operation

Reasons for selling:

Retirement

Employees:
5
Years established:
1992

Other Information

Support & training:

Seller will provide training and support during the transistion

Furniture / Fixtures value:
$428,000 - included in the asking price
Inventory / Stock value:
$60,000 - included in the asking price
Relocatable:
This business can be relocated.