Manufacturing Company Established Success!
Not Disclosed, MN Crow Wing County
Central Minnesota
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- RE: Manufacturing Company Established Success!
- Contact: Bill Kraemer
Quick Facts
| Asking Price: | $435,000 | |
| Annual Revenue: | $491,902 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $194,822 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | $430,000 | |
| Year Established: | 1995 | |
| Employees: | 1 | |
| BBN Listing #: | 951619 | |
| Broker Reference #: | 8677 & 8678 B.K. |
Business Overview:
This is a Manufacturing Company located in central Minnesota. It was established three decades ago and has approximately 95% recurring customers. Services include CNC and manual machining, reverse engineering parts from samples, and machining stainless steel, titanium, plastics, aluminum, and CRS steel. They use the software available: Solidworks and Bobcad.
Equipment includes a Haas VF5XT CNC Milling 30”x60” X, Y travel 31-station tool changer, 2 ea. Haas VF2 CNC Milling 16”x30” X,Y travel 20-station tool changer, Haas CNC Lathe with bar feed, COSEN computerized automatic bandsaw cut-off saw, etc.
FACILITIES:A 7,500 square feet building with an additional 2,600 square feet unheated storage buildings. The seller paid himself $18,000 in rent per year.
EMPLOYEES:The business has a staff of one long-term full-time lead machinist (who runs the shop during the owner’s absence) and one part-time employee, with the owner working full-time as a machinist and maintaining the equipment.
REVENUE:Revenue in 2023 was $491,902, 2022 was $616,927, and 2021 was $593,333, with a weighted cash flow of approximately. $194,822
ASKING PRICE:The asking price for the business is $435,000. Furniture, fixtures, and equipment (valued at approximately $190,000) are included in the price. The long-term Client List, Website, Goodwill, Business Name, and Inventory, which is valued at $3,000 (at cost), are also included. The buildings are for sale as well, and the asking price is $430,000.
REASON FOR SALE:Retirement. He will provide the necessary training to ensure a smooth transition.
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Property Features and Assets:
A 7,500 square feet building with an additional 2,600 square feet unheated storage buildings. The seller paid himself $18,000 in rent per year.
Reason for Selling:
RetiringAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Minnesota businesses for sale
- View more Businesses For Sale in the same industry
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- Find a business broker
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