Description
**Proof of funds, Confidentiality Agreement, and Seller Approval are required to disclose any additional information**
Our firm is proud to present this long-established custom test equipment engineering and manufacturing firm. Established since 1999, it has a large client base of over 40 long-term customers. With a dedicated team of highly skilled engineers, technicians, and assembly personnel, this business delivers full-service solutions. Specializing in the design and manufacturing of Custom Test Stands, Automation, and Control Systems, it caters to Automotive and Industrial applications.
The owner maintains meticulous records, ensuring detailed documentation of the majority of their projects. Fully equipped with the necessary tools and equipment, this business is prepared to handle any jobs assigned by customers. Situated in the Oakland County area, the real estate is included in the $2.6 million package. The property spans about 2 acres, housing two buildings. One serves as offices with a small workshop, while the other building accommodates a larger workshop where machines/equipment is built.
We are presenting the three-year average sales and cash flow instead of focusing on the 2023 numbers because a large customer paid for a substantial machine upon ordering, rather than upon delivery. Consequently, there was a noticeable spike in gross sales in 2022, even though parts of the engineering/manufacturing work spilled into the middle of the 2023 year.
The business conducts all its engineering and manufacturing in-house, and provides regular service, calibration, and maintenance of equipment at customers’ facilities. Engineers collaborate closely with the manufacturing department to ensure high-quality products tailored to customer needs, delivered promptly. The owner is committed to providing post-closing training for a seamless transition.
Get More InfoBusiness Overview
| Revenue | $1,469,347 |
| Cash Flow | $534,378 |
| Inventory | $To Follow |
| Year Established | 1999 |
| Seller Financing | No |
| Employees | 6FT 0PT |
| Asking Price | $1,800,000 |
Key Statistics
- Hours of Operation: Mon - Fri 8am-4pm
- Employees: 6 Full Time 0 Part Time
- Year Established: 1999
- Year Acquired: 1999
- Liscence Required: To Follow
- Seats: N/A
- Parking: Ample
Financial Information
- Gross Sales: $1,469,347
- Source: Seller Provided Financials
- Cash Flow: $534,378
- Source: Seller Provided Financials
- Inventory Value: To Follow
Seller Financing
Location
- Real Estate Price:800,000
- Purchase Terms: SBA Eligible
Get More Info
Disclaimer
This information has been supplied to Broker, Capital Commercial Group, Inc. by seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. Thus, Broker does not guarantee this information to be accurate. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser`s councel.