$900,000

Highly Profitable Machine Shop & Repairs

North Carolina/Charlotte Metro
Financials
  • Price: $900,000
  • Gross Income: $1,000,000
  • Cash Flow: $310,000
  • FFE: $400,000
  • Inventory: $5,000
  • Real Estate Value: $250,000
  • Source Data:
About the Business
  • Listing ID: #N583-BL
  • Year Established: 1967
  • Financing: Seller will consider some financing
  • Training: Seller will provide training
  • Facilities: 15,000 sq. ft. building; available for lease or purchase
  • Competition:
  • Growth:
  • Employees:

Property Descriptions

The owner of this Machine Shop is ready to retire and motivated to sell. There is no money owed on any of his equipment and will consider some owner financing. There are 4 full time machinists that earn $20 per hour or more. Work is estimated at about $125 per hour which results in high margins and profits. The owner visits customers, quotes jobs and delivers parts. One other employee also quotes work and has some contact with customers. The facility consists of approximately 15,000 SF and is an older facility near Charlotte Metro. Rent is $2,000 per month and is owned by the company. It may be purchased or leased. There is no formal appraisal on the real estate but is believed to have a value of approximately $250,000. This business has been priced aggressively to attract a quick sale. For more information, contact the listing broker Bill Law at 704-644-1141 or email bill@sunbeltbrokers.biz

The information in this listing has been provided by the business seller or representative stated above. The Business Broker Journal has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information.

Business Listed By

Bill Law 15720 John J. Delaney Dr., Suite 390, North Carolina, Charlotte