Metal Industries Business for Broker in Suffolk County, New York

Business:Metal Industries Business for Broker
County, State: Suffolk County, New York
Business Type: Primary Metal Industries, Fabricated Metal Products, Service

Summary Description

Suffolk County metal machine shop. This will organized company is being run by a non-motivated seller ready to retire. This extremely scalable fully equipped 2700 square foot company located in a very clean upscale industrial area has been established for 10 years. Most equipment is only 2-5 years old and fully computerized. Too much equipment to list. Call broker for details. This facility includes 10 foot box truck and two fork lifts. Total equipment is in access of $300,000 and is included in sale. This machine shop presently does a lot of government work, and makes commercial light and pole stands and several hardware parts for tanks. They also make metal casings for electronic components. The sky is the limit as to what you can make and how much. Seller will stay on for training period. This business now only operates 5 days from 7 am to 5 pm.

About the Sale

Asking price:$550,000 (USD)

Financing:$275,000 down and $275000 FOR 60 MONTHS AT 8%

Total Revenues:$225,000 (USD)

Cash Flow:$109,200 (USD)

Reason Selling:RETIRING

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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.