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Listing ID: 341034

Flourishing Machinery Rebuilding & Machine Shop For Sale

Western Kentucky, Kentucky, United States

BUSINESS SOLD

(Furniture / Fixtures and Inventory / Stock included)
(Real Estate Included)

Revenue: $ 2,845,000

Cash Flow: $ 830,000

Business Description

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

Property Details

Years Established:

21 years

Property Type:

Real

FF&E:

$ 1,500,000

Inventory Value:

$ 15,000

Real Estate Value:

$ 1,400,000

Other Details

Business Location:

on a state highway not far from an interstate highway

Premise Details:

27,000 sq. ft. on 5 acres

Competition:

This business is capable of doing many things that potential competitors can't do, so competition is very weak.

Expansion Potential:

This business has great expansion potential, as they have so much equipment that is very varied that it is only lightly used.

Operation Details

Employees:

14 full time

Trading Hours:

Monday - Friday, 6:30 am - 3:30 pm

Support & Training:

Seller will support an effective transition.

Miscellaneous

Reason For Selling:

Health problems and age of the Seller.

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