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Listed by:

Stony Hill Advisors, Inc.

Turned Product And Screw, Nut And Bolt Manufacturing For Sale

Undisclosed, Rhode Island, US
Asking Price:
$979,000
Sales Revenue:
$1,002,000
Cash Flow:
$400,000

Turned Product And Screw, Nut And Bolt Manufacturing

Solid track record of providing skilled machining, fabrication, and engineering services

  • Expertise in working with client specifications, creating custom solutions, and reverse engineering
  • 4,200 sq ft leased facility in a multiuse building
  • Equipped with stateoftheart CNC machines, lathes, and other support tools
  • Serves a wide range of industries, including automotive, medical, military, and more
  • Capable of processing diverse materials, such as cast iron, carbon steels, alloy steels, tool steels, brass, aluminum, stainless steel, super alloys, plastics, and cast products
  • Offers prototype, short run, production run, and high volume services
  • 2 fulltime employees, 1 parttime employee, and owner working 40 hours a week
  • Sales price includes all manufacturing equipment, raw and finished inventory, customer lists, and drawings at the time of sale

TO RECEIVE ANY ADDITIONAL INFORMATION, YOU MUST SIGN THE NDA.

Property Information

Real Estate:

Lease

Lease Terms:

Rent:
$2,000.00

Location:

Undisclosed, Rhode Island

Premises Details:

The business leases 4,200 sq. ft. leased space in a multi-used building. All equipment used for manufacturing, raw material and finished inventory, customer lists, drawings, and intellectual property, necessary to operate the business is included in the sale. Equipment is used regularly and is in good condition.

Size in square feet:
4,200

Business Operation

Expansion Potential:

This company has the opportunity to grow and scale by increasing its number of employees. The business supplies several industry verticals and a wide variety of clients with a continuous need for new and repeat product and service offerings. Continued growth in one of its niche products can also increase the bottom line. This business is a perfect add-on acquisition.

Competition / Market:

Business has long-standing customer relationships. The business has several niches that it works in serving loyal, well-established, and new clients. There are other manufacturing companies local and nationally that provide similar services which can create competition.

Reasons for selling:

The seller’s ability to grow the business is maxed out. Would like to see business

Employees:
4
Years established:
81 Years

Other Information

Support & training:

Current ownership is willing to stay on and work for the company for a year or longer to help successfully transition the business to a new owner.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Seller financing available

Seller willing to carry paper for the right buyer