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- RE: Precision Tools (Patent) For Critical Mission
- Contact: Mark Bernecker
Quick Facts
Asking Price: | $699,073 | |
Annual Revenue: | $490,602 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $301,390 | |
Total Debt: | Not Disclosed | |
FF&E: | $500 | |
Real Estate: | Not Disclosed | |
Year Established: | 1974 | |
Employees: | 1 | |
BBN Listing #: | 951110 | |
Broker Reference #: | 9525-477194 |
Business Overview:
Precision Tools (PATENT) for Critical Mission - Hampton Roads
Established as a family-founded and owned business, this esteemed company stands as a beacon of quality and reliability in the area of military service. Strategically located in the heart of Hampton Roads, a center of Naval activity, the company has secured valuable contracts with the U.S. military, underscoring its significance and trust within the industry. Specializing in portable boring bars and valve repair solutions, they offer products specifically tailored to meet the rigorous demands of the U.S. Navy. Each tool is precision-engineered to stringent government specifications, ensuring superior performance and reliability in naval operations. Proudly American made, their products exemplify the highest standards of craftsmanship and quality. This company boasts a global reach, serving satisfied customers around the world. With a steadfast commitment to excellence and a reputation for unmatched expertise, this company continues to support maintenance and repair needs with unparalleled dedication, making it an invaluable partner to the US military.
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Property Features and Assets:
Monthly Rent:$385.00
Market Competition and Expansion:
Expansion: Massive growth opportunities within contract opportunities for the US Navy and Commercial Vessels.
Competition: It is limited as the company owns patent on the only tools capable to perform technical work.
Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- 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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