Profile: Machine Shop Specializing In Honing Services.
|
Ad/Listing Information
|
Contact Information |
 |
|
|
| Seller Or Contact: |
Edward Fixen, Agent
|
|
| Primary Phone: |
909-636-9827 |
|
| Alternate Phone: |
None Given |
|
| DRE Number: |
None Given |
|
| Email Address: |
Email This Advertiser |
|
| Date Started: |
11/3/09 |
|
| Date Last Revised: |
11/3/09 |
|
| BizBen Ad #: |
137998 |
|
| Financial Information |
Detailed Information |
|
| Asking Price: |
$300,000 |
| Down Payment: |
$300,000 |
| Annual Revenue: |
$350,000 |
| Annual Adjusted Net: |
$155,000 |
| Price Range: |
$250,001 to $500,000 |
|
| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
|
|
|
Description:
|
Well Established And Profitable Machine Shop Specializing In Honing Services Involving The Use Of Abrasive Stones For Metal Surface Finishing, Typically Of Inside Cylinders. This Business Was Originally Founded In 1958 And Bought By The Current Owners In 1985. The Business Has Established A Solid Reputation For Quality Work And Is Well Known Within The Industry.
The Business Is On Track For Sales Of 355,000 With Estimated Earnings Of 155,000 Including Owner’s Compensation, Profit Sharing And Other Benefits. The Business Generates This Income With Only 2 Employees And Is Very Simple To Manage. The 2 Employees Are Very Experienced Honing Machinists And Wish To Remain With The Company.
The Business Has An Incredibly Well Documented And Simple To Use Customer/Project Tracking System, That Has A History Of Every Job Invoiced To A Customer Along With The Job Specifications, Material Used And Price Quoted Going Back Over A Decade. This Tracking System Will Greatly Simplify The Normal Challenges Associated With The Transition Of A Business To A New Owner. The Owner Is Selling To Retire But Would Be Willing To Work Part-Time For A Couple Hours A Week Beyond The Initial Training Period.
The Current Owners Have Been Content With A Limited Workload And Income Over The Past Several Years As They Approached Retirement And Are Confident That Sales Could Be Increased With Some Basic Sales Efforts To Their Extensive Client Database Which Is Included In The Sale Of The Business. Existing Honing Equipment Includes 10 Vertical, 1 Horizontal And 5 Sunnen Honing Machines. The Existing Shop Equipment Could Accommodate Up To 10 Employees Generating Approximately 10,000 To 20,000 Per Month Per Employee With A Concerted Effort From A New Owner With The Energy And Drive To Grow A Business.
|
For More Info Call: (Please Mention You Saw This Ad On BizBen):
Edward Fixen, Agent at 909-636-9827 |
See All Our Other Businesses For Sale We Have Available
|
|
