Profitable Diversified Machine Shop

Grimes County, TX
listing image
Asking Price:$4,610,000
Gross Revenue:$1,927,157
Established Year:1977
Cash Flow:$818,376
FF&E:$509,233
BUSINESS DESCRIPTION

Lender Pre Approved. Real Estate included in listed price. Profitable Diversified Machine Shop. In business 45+ years serving multiple industries including manufacturers of Light Poles, Water Wells, Elevators and Oil & Gas.

Many repeat customers, some of whom have been doing business 20+ years, because of quality work and on time delivery. No web site or advertising. Parts produced are critical basic parts with little risk before or after production. Majority of clients on 30-day terms.

Revenues are produced with a tight workforce of 4 employees. Owners are 2 of the 4 employees, so Ideal Buyer would be a current Owner of a machine shop or have experience. This will be a Stock Sale as Business & Real Estate are owned by the Corporation.

This Owner has found a great niche to operate in. 11,630 sq ft Climate Controlled facility built in 2019 on 1.7 acres. Real Estate included in Listed Price. Room for growth.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
11,630
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
11,630 Sq ft Climate Controlled facility on 1.7 Acres. Included in listed price.
Financing
Lender pre-screened with $488K down.
Support & Training
Will train for 4 weeks @ $0 cost.
Reason for Selling
Owner to Retire.
Report an Issue with this listing
profile-img
Steve
Herrera
logo-img
Steve Herrera