Aerospace Tooling Machine Shop with 14% ROI

Aerospace Tooling Machine Shop business for sale! This great business opportunity has averaged for the last 3 years a NET INCOME of $73,137 per year which makes the ROI at 14% which is great for a small business. The business will come with all the machines/equipment, 3 forklifts, 7 employees, lease for building and its book of business within purchase price. Sellers will work with new owner on the transition period for 6 months after purchase to ensure transfer of business goes smoothly. Location: Paramount, California Year Established: 2013 Number of Employees: 7 Real Estate: Leased Building Sq. Ft.: 14,000 Rent: $7,500.00 Per Month Lease Expiration: 5/31/2022 Facilities: Business is leasing a 14,000 sqft warehouse with an office. The building is equipped with $300,000 machines that new business owner will need to maintain business. Market Outlook/ Competition: Per current business owner, they are servicing 2 big aerospace companies for their tooling parts needs. Carlton Forge works and Howmet Aerospace. Growth & Expansion: current clients of business are 2 major companies that are tough to get into. The current owner will ensure that relationship stays with new owner.