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Precision Tool & Machine Shop

Popular Listing Featured 

$395,000.00

  • Featured Listing : No
  • File No. : C2494
  • Location : Macomb County
  • Down Payment Option : $150,000
  • Monthly Payment : $3,462.77
  • Financing Interest Rate : 5%
  • Financing Period : 84 months
  • Gross Sales : $557,026.64
  • Source of Financial Info : 2018 Income Statement
  • Cash Flow : $159,721
  • Total Inventory : TBD
  • Days Open : 5 Days Monday-Friday
  • Hours of Operation : 7am-4pm
  • Parking : ample
  • License Requirement : Business License
  • Year Established : 1980
  • Year Acquired : 1980
  • Monthly Rent : TBD
  • Real Estate Price : $200,000
  • Real Estate Purchase Terms : $100,000 down

This is a great opportunity to own a very successful, well established machine/tool shop in a central location of Macomb County. The current owner has been there since he established the business almost 40 years ago. Current owner has established a very strong data base of customers which the company thrives off of besides other walk-in business off the streets. The company offers precision turning, milling, die-forging, tool details, fixtures and assemblies among many other services. The company generates about 70%-80% of its revenue from the automotive business. Other strong revenues are generated thru the aviation business as well as many other different types of businesses. The company has a long standing great relationship with the community as well as all of the other surrounding communities. The business generates a very large cash flow for the current owner yet still has the potential to grow tremendously in the future. The business is offered for sale with the building and property or the business itself with an option to lease the building and property at a very competitive rate. Don’t miss out on this great opportunity as it is priced very aggressively and won’t last long. Call today to make an appointment to tour and purchase this very lucrative, successful business opportunity.
Note: Building may be leased for $2,500 NNN as an option.

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