Est. Highly Profitable Precision Machine Shop
Not Disclosed, TX Harris County
Houston Metro Area
Asking Price:
$11,000,000
Annual Revenue:
$8,500,000
Request More Information Contact the Seller
- RE: Est. Highly Profitable Precision Machine Shop
- Contact: Steve Herrera
Quick Facts
| Asking Price: | $11,000,000 | |
| Annual Revenue: | $8,500,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $1,881,513 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $3,600,940 | |
| Real Estate: | $3,000,000 | |
| Year Established: | 1932 | |
| Employees: | 36 | |
| BBN Listing #: | 943489 | |
| Broker Reference #: | 6211-18283 |
Business Overview:
90+ Year Established Highly Profitable Precision Machine Shop with Substantial Backlog for 2024.
This business mainly supports the Oil Field Service industry with long time relationships, including the Top 3. The business is "Mission Critical" with these Top clients. No marketing at this time with repeat business from 100+ long time clients.
Substantial 2024 backlog ensures growth from 2023 Highly Profitable results. The company employs 30+ experienced Manufacturing Professionals who provide exceptional contract machining services. The company utilizes state of the art machines & lathes to maintain compliance with the quality standards of ISO 9001: 2015.
30,000+ Square Feet facility is owned. $3M Included in Listed Price.
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Property Features and Assets:
30,000 square feet facility Owned. $3M included in Listed Price.
Assets = $6,602,199
Market Competition and Expansion:
This business leverages it's extremely long term relationships with clients.
Strategically adding to capacity would increase revenues.
Reason for Selling:
Owner retiring to pursue other family interests.Additional 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
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