Precision Tool & Machine Shop

File# C2494
Location: Macomb County
Business Price: $395,000
Down Payment: $150,000
Monthly Payment:$3,462.77
Interest Rate: 5%
Amortization Period:84 months
Gross Sales: $557,026.64
Source: 2018 Income Statement
Cash Flow: $159,721
Source: 2018 Income Statement
Inventory: TBD
Days Open: 5 Days Monday-Friday
Business Hours: 7am-4pm
Seats: NA
Parking: ample
Licences Required:Business License
Year Established:1980
Year Acquired: 1980
Building Price:$200,000
Building Terms:$100,000 down

Profile:

This is a great opportunity to own a very successful, well established machine/tool shop in a central location of Macomb County. The current owner has been there since he established the business almost 40 years ago. Current owner has established a very strong data base of customers which the company thrives off of besides other walk-in business off the streets. The company offers precision turning, milling, die-forging, tool details, fixtures and assemblies among many other services. The company generates about 70%-80% of its revenue from the automotive business. Other strong revenues are generated thru the aviation business as well as many other different types of businesses. The company has a long standing great relationship with the community as well as all of the other surrounding communities. The business generates a very large cash flow for the current owner yet still has the potential to grow tremendously in the future. The business is offered for sale with the building and property or the business itself with an option to lease the building and property at a very competitive rate. Don’t miss out on this great opportunity as it is priced very aggressively and won’t last long. Call today to make an appointment to tour and purchase this very lucrative, successful business opportunity.
Note: Building may be leased for $2,500 NNN as an option.

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This information has been supplied to Broker, Capital Business Brokerage, Inc. by Seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser's counsel.