Machine Shop, $779K Sales, $251K DE, Est. 40+ Years, SBA financing

Specialist machining company established for over 40 years, $780K sales, $251,357 Discretionary Earnings and pre-approved for SBA financing with a 10% down payment is available for acquisition. The company has a reputation for excellence, providing a critical, niche service to numerous repeat and referral customers. The company’s business model requires no inventory and its reputation for timely and precise work using its specialized machinery drives revenues. The company has enjoyed consistent year-on-year performance with little marketing or sales effort. The owner-seller has improved process management to increase margins with the same staff of three highly experienced technicians. There is plenty of growth capacity for a buyer interested in increasing marketing efforts and staffing. Summary: * Offered at $820K * $779K sales 2021 * $251K Discretionary Earnings * $92K Down w/SBA Financing (including A/R) * 3 technicians, each with more than 10 years’ experience * Capable Office Manager * 14 heavy machines and 2 forklifts Equipment * 8 Heavy Machines valued at over $300K * 5 Cranes * 2 Forklifts * Plus tools & office equipment Buyer Skills and Requirements: The business requires no special licenses. The owner actively runs this business, spending 15-20 hours per week on customer interaction and 15-20 hours overseeing shop work. The buyer will have to be willing and capable of learning to run the business, but technical operations are relatively straightforward and the existing technicians are highly experienced. The Seller will provide training for 4 weeks/40 hours per week and in addition, will provide limited consulting as negotiated after the initial training period. Reason for Selling: The owner is semi-retiring out of state. Inquiries from principals only. Location: Orange County, California Year Established: 1978 Number of Employees: 4