Businesses For Sale > Business For Sale in Harris County, Texas (TX)
Established Highly Profitable Precision Machine Shop for sale in Harris County, TX
Harris County, Texas (TX)
Asking Price: |
Gross: |
Cash Flow: |
$ 11,000,000 |
$ 8,500,000 |
$ 1,881,513 |
Furniture and Fixtures Value:
$ 3,600,940 (included in the asking price)
Inventory Value:
$ 1,259 (included in the asking price)
Real Estate:
$ 3,000,000 (included in the asking price)
Business Summary:
90+ Year Established Highly Profitable Precision Machine Shop with Substantial Backlog for 2024.This business mainly supports the Oil Field Service industry with long time relationships, including the Top 3. The business is "Mission Critical" with these Top clients. No marketing at this time with repeat business from 100+ long time clients.Substantial 2024 backlog ensures growth from 2023 Highly Profitable results. The company employs 30+ experienced Manufacturing Professionals who provide exceptional contract machining services. The company utilizes state of the art machines & lathes to maintain compliance with the quality standards of ISO 9001: 2015.30,000+ Sq Ft facility is owned. $3M Included in Listed Price.
|
|
|
|
|
Year
Business was Established: 1932 |
|
|
Number of Employees:
36 FT |
|
|
|
Facilities / Terms of Lease:
30,000 sq ft facility Owned. $3M included in Listed Price. |
|
|
|
Potential
Growth/Expansion:
Strategically adding to capacity would increase revenues. |
|
|
|
Competition:
This business leverages it's extremely long term relationships with clients. |
|
|
|
Owner
willing to train:
Will train for 4 weeks @ $0 cost. |
|
|
|
Reason for selling:
Owner retiring to pursue other family interests. |
|
|
|
Seller Reference Number: 6211-18283
BusinessMart.com Listing Number: 308052 |
|
|
To request more information
on this business
please fill out the form shown right
|
|
|
For
more info contact:
Evelyn Correa
Murphy Business & Financial Services
727-725-7090
|
|