Annual Revenue: $793,000
Net Cash Flow: $285,000
Location: Long Island, NY
Opportunity knocks! This machinery manufacturer specializes in providing custom machine tools and machinery to a wide range of customers in the United States and Worldwide by utilizing national and overseas vendors for over 40 years. This business is on the market for the first time ever! If you’re the right individual you can easily double the revenue as the current owner has another business to focus on so he can’t dedicate himself to this business 100%. Actually that’s the reason for the sale.
They’re paying $2150 a month for about 3000 sq/ft of warehouse/office. The asking price includes $100K of inventory. In 2016 owner made around $285,000 cash flow but he believes this can be upgraded significantly with just a little bit of an effort. The sale includes the customer database, trademarks (3 of them), the lease, staff etc. Everything is ready to go, and you just be there to supervise the operation. This company is one of the most reliable machine tool manufacturers known worldwide. Please be prepared to sign a Non-Disclosure Agreement and give some info regarding proof of funds as we will only entertain; experienced individuals who are coming from the same industry or similar industry and who has the funds.
Inventory: $100,000 (Included in Price)
Training & Support:
Seller will provide training and support.
Owner has another active business that he’d like focus on. But definitely possibile to expand the business significantly. This business has a SIGNIFICANT customer database that is included in the price.