Established Highly Profitable Precision Machine Shop
Harris County, Texas
| 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.
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| Year
Business was Established: 1932 |
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| Number of Employees:
36 FT |
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| Facilities / Terms of Lease:
30,000 sq ft facility Owned. $3M included in Listed Price. |
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| Potential
Growth/Expansion:
Strategically adding to capacity would increase revenues. |
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| Competition:
This business leverages it's extremely long term relationships with clients. |
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| Owner
willing to train:
Will train for 4 weeks @ $0 cost. |
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| Reason for selling:
Owner retiring to pursue other family interests. |
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| REQUEST MORE INFO |
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