Details - Information last confirmed on May 28, 2021
Listing ID # 26991
Specialized Machine Shop - Tool Maker. Only Operates 4 Days/WK! Strictly B to B. They have been in business for over 69 years with a diverse clientele. The current owner is never there and does nothing to promote growth. The business has declined due to this.Clients are well established companies spread all over the US, so the notion of "seasonal" or "territorial" setbacks do not exist. The company makes tooling for a variety of customers in different industries including healthcare, packaging, medical, cosmetic display, air and naval defense, leather products, agrobusiness, automotive etc. This means the crisis of one industry is more then compensated by diversification of the customer portfolio. In the past year the business grossed just over $100K. It is profitable, but this is really more a sale of assets, lease, goodwill and customer lists. They occupy a 2,500 sf. space with a rent of only $3,200/mth INCLUDING all utilities. We are seeking a serious and financially qualified buyer with at least $125K in liquid funds and some background in the industry. To learn more, please call or email broker. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!
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