Profitable Machine Shop
Sold -
We are selling a machine parts manufacturing shop with a reputation for high quality and on time delivery. Their primary focus is on the production of custom metal and plastic components used by their clients as part of their own manufacturing operations. Their typical customer includes Fortune 500 companies and large scale manufacturers who use these items as components to the products they assemble. They work long term to meet their customers manufacturing needs. Most products are manufactured for years and then they are involved in the updates and modification process when new products are designed and manufactured. Most of the customer relationships have been in place for over ten years. The owner is selling because of retirement. He would be willing to work for the new owner for a couple of years to help with a smooth transition if requested.
- Industry:
- Manufacturing
- Asking Price:
- $3,750,000
- Revenue:
- $2,350,985
- SDE: Seller Discretionary Earnings (SDE) or Discretionary Earnings is the earnings of a business enterprise prior to income taxes, non-operating income and expenses, nonrecurring income and expenses, depreciation and amortization, interest expense or income, owner’s total compensation for those services that could be provided by a sole owner/manager.* (*Source: Valuing Small Business & Professional Practices, Shannon P. Pratt, Robert F. Reilly, Robert P. Schweihs, Third Edition McGraw-Hill)
- $1,071,594
- Inventory:
- Included in Asking Price
- FFE:
- $1,000,000
- Year Established:
- 1991
- Employees:
- 17 FT
- Location:
- Denton County
- Building SQ FT:
- 11,000 +/-
- Real Estate:
- Leased Facility
- Listings ID:
- 1774