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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 2024 through Nov. 15 was $477,911, nearly $50,000 over last year during same time period.2023 was $491,902, 2022 was $616,927, and 2021 was $593,333, with a weighted cash flow of approximately. $194,822ASKING 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.
American Business Systems has been America's Leader in Medical Billing with Unparalleled Training, and Support for over 25 years. $100k Potential working from anywhere, full-time or part-time. Learn more about this great opportunity!
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