Manufacturing and Machine Shop Business TBH615
| Asking Price: | $395,000 |
| Gross Revenue: | $516,312 |
| FF&E: | $45,000 |
| Cash Flow: | $85,000 |
| Inventory: | $6,200 |
| Established Year: | 2002 |
BUSINESS OVERVIEW:
Founded in 2002, the business is a job-shop machine and fabrication service providing precision machining, welding and metal fabrication to manufacturers, industrial entities, agriculture, service providers and the general public. They also design and manufacture specialty machinery and equipment to their customers. In addition, the business sells steel, fasteners, bearings and industrial supplies. Currently, the business has around 200 active, valued customers.
Being a job-shop, products vary widely. Repeat work consist of parts for food processing machinery, utility pole manufacturing, air conditioning manufacture, fiber optics distribution, as well as electric power distribution and the agricultural industry.
KEY COMPANY HIGHLIGHTS:
• Very wide and diverse customer base that build products that require repeat products or a special component or assembly not commercially available and must be custom manufactured.
• Most of the business is within a 150-mile radius with concentration in a 40-mile radius; however, they do have customers in several other states. A very large electric vehicle complex is currently under construction in the area and will provide many opportunities for this type of business. Several other spin-off businesses are also under construction.
• The area is fortunate to have a mix of manufacturing, service industries and agriculture. This business is well suited to provide service to all of these areas.
• The business has 4 fulltime employees including the owners and is located in the Plantation Midlands region of Georgia in a Micropolitan Statistical Area.
