Profitable CNC Machining Business
Horseheads, NY
| Asking Price: | $1,300,000 |
| FF&E: | $425,000 |
| Established Year: | 1994 |
| Gross Revenue: | $600,000 |
| Real Estate: | $400,000 |
Listing ID: 2310450Listing provided by BizBuySell
BUSINESS DESCRIPTION
Profitable CNC manufacturing shop with many solid customers including health care and defense industry. Opportunities to expand with many large local manufacturers (Toshiba, Siemens) growing operations.
Modern equipment recently assessed at $425,000.
At corner of two major thoroughfares in Horseheads Village.
DETAILED INFORMATION
Location
Horseheads, NY
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
8,400
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
8400 square foot building with large work area and many side work areas and storage. Front reception area, offices, break rooms. 4 top of the line CNC Machines, 2 are capable of running automatically 24/7 with minimal oversight. Many other tooling and equipment recently assessed at $425,000 fair market value.
Competition
While this current year has been slower than usual, the future looks bright with large local manufacturers expanding and opportunities for growth.
Growth & Expansion
Owners have done minimal marketing and outreach. Owners have excellent reputation for quality work. Owners are happy to outline opportunities for growth that they have not pursued.
Financing
Substantial (2/3) amount would be due at closing.
Support & Training
Owners will stay on for negotiable period of time to train and introduce to customers.
Reason for Selling
Owners made promise to themselves to sell when they reached retirement age.
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