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Businesses For Sale > Business For Sale in MONTCLAIR, California (CA)

Full Line Machine Shop for sale in MONTCLAIR, CA

MONTCLAIR, California (CA)

Asking Price: Gross: Cash Flow:
$ 425,000 $ 295,751 Undisclosed

Business Summary:
Full line CNC & Conventional Machine Shop for sale by owner. Mill's, Lathes, Honer, Lapper, Surface Grinder, Saw. Currently in an 8,000 sqft building that is available for lease. This is currently a family business, there are currently 3 employees, but they are all family. Training available, but you will have to bring your own employees. Current back log of $228,500.00. Full inspection room with comparator, cmm machine, scope and thousands of dollars worth of inspection equipment. Fully stocked tooling area with many extras...vacuum chuck, air collet holder, indexer, etc. 2 CNC Lathes with Bar Feeders, 4 CNC Mills and many conventional machines. Company is not ISO9001, but does meet MIL standards with regards to quality and calibration and all is documented and maintained. Have been surveyed yearly by major companies and have passed all surveys. Company has exceptional documentation of quotes, travelers & programs allowing for easy transition. Owner is looking to retire. Price is negotiable and Owner may carry some of the paper.

Year Business was Established: 1968
Facilities / Terms of Lease: Currently 8,000 sqft set up with dust collector and extra power. Available for lease.  
Potential Growth/Expansion: Great opportunity to expand, we currently run at only 25% or less capacity. Good marketing could potentially bring in big business.  
Owner willing to finance: Owner may carry, tbd  
Owner willing to train: Yes  
Reason for selling: Owner would like to retire.  
Seller Reference Number: bm808022495 Listing Number: 149341