UNDER AGREEMENT!
Asking Price: $2,300,000
Cash Flow: $500,000
Gross Revenue: $1,300,000
Business Description:
CNC Machining Shop
You Could Own This Shop & Earn A Six Digit Income
Very profitable business with additional capacity available
Great location
Cranking out $1.3 million a year from a 3,250 sq. ft. shop
Loyal, long-term and highly skilled machinists
Great FF&E assets (Lenders & Investors will like the assets & earnings)
Possibly some seller financing
Message from the Owner:
“I started this business with the goal to work smart, put in the right efforts and investments to earn a decent living, provide my family with a comfortable and safe place to live and to financially prepare for my future retirement. I’ve accomplished these goals and it’s time to move into Phase II”.
Detailed Information:
Established: 1997
Employees: 7
Facilities: The business operates from a leased property owned by the owner. The business is being sold with a lease. The sale of the real estate may be an option to discuss.
Financing: Possibly some seller financing for a well-qualified buyer
Support & Training: Seller supports transitional training to aid in a smooth transition.
Reason for Selling: Retirement
- Listing Number: 15708
- General Location: Northeast Connecticut
- Current Status: Sale Pending
- Asking Price: $2,300,000
- Asking Price Range: $1M to $3M
- Down Payment: tbd
- Real Estate Value: Lease
- Financing: Possibly some seller financing for a well-qualified buyer
- Gross Sales: $1,300,000
- Cash Flow: $500,000
- Established: 1997
- Employees: 7
- Area Square Foot: 3,250 sq. ft. shop
- Contact Name: Chip Emerson
- Contact Phone: 508-373-0006
- Contact Email: info@centralbrokers.com
- Location: Northeast Connecticut
- Business Type: MANUFACTURING