Jul 20, 2020 — Profit margins over 50%! With an industry buyer, future profits could be as low as $150k or over $300k; the sky’s the limit! The owner is reasonable and looking forward to offers. With connections and resources in place, an existing company or capital investment towards additional machines and equipment could take this company to the next level. Servicing an impressive 500 mile radius, the machine shop offers CNC (computerized numerical control), custom manufacturing, engineering and part repair services to its large customer base of industrial clients. Headquarters in Pima County is a 1,100 square foot leased shop found in excellent condition, able to handle extra capacity and zoned for commercial use. Company is ready for investors to continue operations after a standard transition of six months, thanks to a personnel of two nonunion employees with field experience and independent contractors (welding and assembly) agreeing to stay post-purchase. With minimal marketing efforts, utilizing the proven effective word of mouth referral source system, the new owner would do very well by increasing marketing efforts to include radio, print or improving online presence. With a history of three decades as an essential business since inception 1990, 2020 is projecting $300,000-400,000 as they have purchased another machine increasing capacity by 30! Gross Revenue for 2019 was $188,357, over 50% being straight profit with Seller Discretionary Earning values of $101,724. Based on an independent evaluation! Ideally, the new owner should be knowledgeable in fabricating, machining and Manual CNC, as the current owner is looking to retire due to health and age and has not been very aggressive on obtaining jobs recently.
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