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| Listing No: 8594105 | ||||||||||||
| Category: | Manufacturing | SIC: | ||||||||||
| Detail: | Machine Shop | Price: | $1,300,000 | |||||||||
| County: | Pinellas | Down: | $1,300,000 | |||||||||
| State/Prov: | FL | Adj Net: | $380,647 | |||||||||
| Country: | Sales: | $1,047,371 | ||||||||||
| UNBELIEVABLE OPPORTUNITY to own established, extremely lucrative machine shop. 17-year old company (owner/founder retiring) specializes in precision work (Std. Military Tolerance: MIL A45208) using latest CNC technology. Equipment includes 12 CNC machines (machining centers & lathes), computer CAD/CAM system & other support equip. Capacity in place to double current production/sales! Diverse clientele includes defense, medical and automotive sectors. Seller owns 12,000 sq. ft. bldg -- lease negotiable. | ||||||||||||
| Business Name: | Machine Shop | |||||||||||
| Phone: | 727-793-0090 | |||||||||||
| Address: | ||||||||||||
| Seller: | confidential | |||||||||||
| Listing Type: | Exclusive Right of Sale | Date Revised: | ||||||||||
| Listing Office is: | Single Agency | Code: | ||||||||||
| Documents on File: |
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| Showing Remarks: | CONTACT LISTING AGENT | |||||||||||
| Reason for Sale: | Retirement | |||||||||||
| General Location: | Pinellas County | |||||||||||
| Organization Type: | Corp Sub S | Hours Owner Works: | 30 | |||||||||
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| Non Compete: |
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| Operating dys/hrs: | M-F 9-5 as needed | |||||||||||
| Skills/Licenses: | CNC Programming and Management | |||||||||||
| Business is: |
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| Data Source | P/L Statement |
Tax Return |
Tax Return |
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| Year (Cash Flow) | 2007 |
2008 |
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| Gross Revenue | 1,190,251 |
1,074,371 |
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| Cost of Goods | 240,801 |
160,562 |
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| Gross Profit | 949,450 |
913,809 |
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| Expenses | 799,817 |
722,711 |
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| Net | 149,633 |
191,098 |
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| Owner Salary | 80,000 |
75,000 |
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| Benefits | 18,927 |
17,923 |
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| Interest Expense | 31,322 |
20,307 |
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| Depreciation | 111,903 |
76,319 |
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| Other | ||||||||||||
| Owner Benefit | 391,785 |
380,647 |
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| Accounts Receivable | Included: N | |||||||||||
| Inventory | 2500 | Included :Y | ||||||||||
| F F & E | 750000 | Included: Y | ||||||||||
| Leasehold | 7500 | Included: Y | ||||||||||
| Real Estate | Included: N | |||||||||||
| Total Assets | $760,000 | Included: Y | ||||||||||
| Lease/Month: | 6000 | Square Footage: | 12000 | |||||||||
| Building Type: | stand alone | Terms & Options: | negotiable | |||||||||
| Expiration Date: | 12/31/2040 | |||||||||||
| Loan/Assumable: |
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Scott Torrie Associate
Sunbelt Business Brokers 2623 McCormick Dr. Suite #104 Clearwater, FL 33759 |
Office: Fax: Home: Cell: Email: Home Page: |
727-793-0090 727-793-9069 727-793-0090
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