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Richmond City County, Virginia
50-yr Old Machining Manufacturer, in VA, with Real Estate
Asking Price
$1,495,000
Revenue
Call/Email
Down
$1,495,000
Cash Flow
Call/Email
Name: Bill Kelly
Name
Bill Kelly
Description
In addition to project-based work, the business benefits from a stable base of long-standing customers for whom it produces recurring parts on a monthly basis. This combination of repeat production and specialized repair services has provided consistent revenue over decades while positioning the company for continued growth through custom fabrication opportunities.
The business is supported by a “turn-key” business model with seasoned office management, project management, and experienced machinist. The facility is a 30,000+ sqft free standing building with high and low docks, heavy-freight overhead cranes, and a full complement of expensive metal working and finishing equipment. The Seller is retiring but is willing to stay for a reasonable amount of time to facilitate a smooth ownership transition.
A signed NDA and Buyer’s Profile is required to receive additional information.
For more information contact the exclusive agent.
There is plenty of room for growth. The current facility is being utilized under capacity, and all that is required is more skilled machinists. The company turns down work on a regular basis due to a full schedule.
https://tworld.com/locations/Virginia/commonwealth/listings/50-yr-Old-Machining-Manufacturer-in-VA-with-Real-Estate
Business Details
Year Established:
1968
Employees:
11
Reason for sale:
Retirement
Lease & Tenant Information
Lease Options:
N/A
Other Information
Listing Number:
9525-484782
Sales:
$2,780,454
Seller's Discretionary Earnings:
$292,825
Posting Information
Posting ID:
ID tw:88392 / Listing Number 9525-484782
Business Category:
Machine Shop
Keywords:
Transworld
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
50-yr Old Machining Manufacturer, in VA, with Real Estate
Posting ID
#*4f25b71bf80b1ae3c9631c81a097d24c*88392
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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