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Listing ID: 2914698

Contract Manufacturer in Suffolk County, NY For Sale

Suffolk, New York, United States

$ 1,300,000

(Furniture / Fixtures and Inventory / Stock included)

Revenue: $ 842,000

Cash Flow: $ 250,000

Business Description

Worldwide Precision Contract Manufacturer, OEM,CNC Precision Machine Shop,Prime Gov't Contractor with superb reputation for quality work & customer service. Established 3 years Export Licenses, ISO certified. Milling ,turning,drilling,tapping, grinding,honing, inspection dept Leader in contract manufacturing with full line services; engineering, design, manufacturing . Prototypes to fully finished products. Fully automated machinery. Very strong demand for products associated with aerospace,military, USPO and MTAs, etc. Also manufactures for various non-defense industries. Domestic and international clients. Skilled long term employees.Ample plant capacity;12 CNC,tools, equipment machinery is currently producing substantial output with capacity for GROWTH.Town, county & state incentives for this technology manufacturing business. Outstanding opportunity. The company does not actively solicit new customers. Owner willing to stay on for a successful transition. Key staff will stay on. Over $1.1m of machinery and equipment, $2m of inventory & approx $800k of works in progress,included in the sales price. Building available for purchase and offered by Vested Realty Group for $2.5m. Seller occupies 15,000 of $25,000 sq. ft. 3 Tenants provided rent roll of $92,000 per year. WE ARE LOOKING FOR SERIOUS AND QUALIFIED BUYERS ONLY. Proof of funds and manufacturing experience is required.Contact Joseph Stansky for more information.

Property Details

Property Type:

Lease

FF&E:

$ 1,024,000

Inventory Value:

$ 1,400,000

Other Details

Operation Details

Employees:

14

Miscellaneous

Financing Available:

Yes
750,000.00 Down & $550k tba

Reason For Selling:

Retirement

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