Service Machine Shop w/Expansive Facility

This longstanding machine shop has many decades of experience with projects large and small. As a B2B service provider, the industrial client base includes manufacturing, construction, and mining clientele among others. With managers in place the company's core offerings encompass machining parts from a wide range of materials, as well as repairing and rebuilding heavy equipment parts. The Electrical Department repairs and rebuilds motors from 3/4 to 500 horsepower as well. The six employees keep the company’s operations streamlined with some owner oversight. Featuring high-capacity overhead cranes, the spacious facility is over 40,000 Sq ft and includes production, warehouse, and administrative spaces. The building is completely outfitted with state-of-the-art equipment from horizontal and vertical CNC Machines, Lathes, and boring machines to grinders, compressors, drills and hydraulic presses. This company is an excellent add-on opportunity for an existing operation needing additional machines and space to expand, as the facility is not operating at full capacity. The current ownership has kept the business at this size due to preference and is approaching the age of retirement. They are flexible for a negotiable transition and look forward to finding a successor to take the business to the next level. Recovering from the pandemic, the company maintains excellent profit margins targeting $875,000 in sales with $300,000 in profit for 2024. Last year, the company had $754,000 in sales with $200,000 in Discretionary Earnings.
Listing includes Equipment of $700,000 and Inventory valued at $40,000.