Business To Buy

Highly Profitable Machine Shop & Repairs

Charlotte Metro, North Carolina
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

Financials

Price: $900,000
Gross Income: $1,000,000
Cash Flow: $310,000
FFE: $400,000
Inventory: $5,000
Real Estate Value: $250,000

About the Business

Office Reference 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:
Business Listed By
Name: Bill Law
Company: Sunbelt Business Brokers of Charlotte
Phone: 704-644-1141

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