Flourishing Machinery Rebuilding & Machine Shop – The sale of this business is pending. This robust business serves customers in its Western Kentucky region, including (but not limited to) heavy industries. The company rebuilds machinery, including machinery that has received heavy wear. Using technologies like machining and welding, they repair or strengthen some parts and replace others, often with parts they have fabricated within their facility. The company rebuilds many parts, subassemblies and assemblies in the process. The company also provides machine shop services to many of its customers. The company provides many of its services at the customers’ sites, in most cases by using special equipment that permits them to do so.
Furniture, Fixtures, & Equipment: $ 1,250,000
Vehicles and / or rolling stock: $ 250,000
Inventory: $ 15,000
Accounts Receivable (if included): $ -0-
Land and Building (if included): $ 1,400,000
Other Assets: $ -0-
Current Liabilities to be assumed: $ -0-
Current Notes to be assumed $ -0-
Asking Price: $ 2,500,000
Down Payment: $ 375,000
Annual Sales Volume: $ 2,845,000
Cash Flow: $ 830,000
on a state highway not far from an interstate highway
27,000 sq. ft. on 5 acres
This business is capable of doing many things that potential competitors can't do, so competition is very weak.
This business has great expansion potential, as they have so much equipment that is very varied that it is only lightly used.
Monday - Friday, 6:30 am - 3:30 pm
Support & Training:
Seller will support an effective transition.
Reason For Selling:
Health problems and age of the Seller.