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Address: 121 King St, Dameitta, Egypt
Phone: +25-506-345-72
Email: [email protected]

Machine & Tool Shop

Machine & Tool Shop

Macomb County

Listing#: C2642

CBB-website tags Small v1-2-01CBB-website tags Small v1-2-02
Description

This is a well-established and successful machine/tool shop in the south west part of Macomb County. The business has been established for over 40 years and has a strong database of customers. 70%-80% of the customers are from the automotive business and the remaining 20%-30% are customers within the aerospace field. The business has a strong long-term history with these customers since they have been working together for over 40 years. The owner also has great connections with the metal suppliers and that ensures him to have the raw materials needed to do the jobs at hand.

The business specializes in precision turning, milling, die-forging, tool details, fixtures, and many other machining services. The business has all the machinery that is needed to do these kinds of jobs within its 3,500 SQ FT building. All the machines are well maintained and the employees are skillfully trained to operate them. The building is on a major road with over 2,500 SQ FT of workshop area and offices upfront. The building and business are both for sale with a package price of $325,000.

Prior to 2019, the business had annual sales of $550,000 consistently. In 2019 the seller decided to slow down for retirement and the 2019 sales were $247,498 but the seller still had a healthy cash flow of $57,281. There is still tremendous room to grow and expand with bringing on new customers within the automotive/aerospace market. With many businesses bringing manufacturing back to the U.S this is a great opportunity to acquire this shop with its history and machines and start being a top-rated supplier again.

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Business Overview

Revenue $247,499
Cash Flow $57,282
Inventory $TBD
Year Established 1980
Seller Financing Yes
Employees 3FT 0PT
Asking Price $125,000
Key Statistics
  • Hours of Operation: Monday - Friday: 7 AM - 3:30 PM

  • Employees: 3 Full Time 0 Part Time

  • Year Established: 1980

  • Year Acquired: 1980

  • Liscence Required: Business License

  • Seats: N/A

  • Parking: Ample

Financial Information
  • Gross Sales: $247,499

  • Source: Seller Provided Financials

  • Cash Flow: $57,282

  • Source: Seller Provided Financials

  • Inventory Value: TBD

Seller Financing
  • Business Price: $125,000

  • Down Payment: $75,000

  • Monthly Payment: $1,499

  • Interest Rate: 5%

  • Amortization Period: 36



Location
Real Estate Available for Purchase

  • Real Estate Price:200,000

  • Purchase Terms: Cash

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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.