Business Overview

High Precision Machine Shop w/over 40 years of serving the Aerospace, firearms, medical, robotics and fiber optic industries handling all machining needs, from the initial prototype to production. Well known internationally for determining the best solutions for puzzling design-to-cost problems. State of the art technology with equipment and fixes assets approx. $2.8 million. This company boasts state-of-the-art design and production technology. Solid reputation for top-quality work, fast efficient service, and competitive pricing. Great Projections for 2021. Real Estate also for sale for $750,000. For additional information please contact listing agent Thomas Vondell at 845-389-2599 or tomvondell@fcbb.com.

Financial

  • Asking Price: $4,500,000
  • Cash Flow: $351,963
  • Gross Revenue: $1,469,876
  • EBITDA: N/A
  • FF&E: $2,800,000
  • Inventory: $250,000
  • Inventory Included: Yes
  • Established: 1963

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:15
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

This is a location of 18,000 square feet. Seller is active in the business with 11 FT employees and 4 PT employees. Hours of operation are 8 AM to 5 PM, Monday - Friday. $250,000 in Inventory and $2,800,000 in FF&E included in Asking Price.

Is Support & Training Included:

8 Weeks

Purpose For Selling:

Retirement

Additional Info

The venture was founded in 1963, making the business 59 years old.
The sale will include inventory valued at $250,000, which is included in the suggested price.

Why is the Current Owner Selling The Business?

There are all kinds of reasons why individuals decide to sell operating businesses. Nonetheless, the genuine factor vs the one they say to you may be 2 entirely different things. As an example, they might say "I have too many other obligations" or "I am retiring". For many sellers, these factors are valid. But, for some, these might simply be justifications to try to conceal the reality of altering demographics, increased competitors, current decrease in incomes, or a variety of other factors. This is why it is extremely important that you not count completely on a vendor's word, however instead, make use of the seller's answer in conjunction with your overall due diligence. This will repaint a more reasonable image of the business's existing scenario.

Existing Debts and Future Obligations

If the current business is in debt, which many businesses are, then you will need to consider this when valuating/preparing your deal. Numerous operating businesses finance loans so as to cover points such as stock, payroll, accounts payable, and so on. Remember that sometimes this can suggest that profit margins are too thin. Numerous businesses fall into a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to think about. There might be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with vendors that have to be satisfied or might lead to penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the location bring in brand-new clients? Often times, operating businesses have repeat customers, which develop the core of their day-to-day revenues. Particular elements such as new competition sprouting up around the area, road construction, and also personnel turnover can affect repeat clients and also adversely impact future earnings. One essential thing to consider is the area of the business. Is it in a highly trafficked shopping center, or is it concealed from the main road? Certainly, the more individuals that see the business often, the higher the opportunity to build a returning consumer base. A last thought is the basic location demographics. Is the business situated in a densely inhabited city, or is it located on the outskirts of town? How might the local typical household earnings impact future revenue potential?