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CNC Shop-Growing Rapidly-Very Profitable
Price: $1,400,000
Location: Pinellas County
Industry: Manufacturing
Listing ID: 890700271
Listing Status: Under Contract
Description
Well established machine shop since 1988. 7 CNC machines, 3 Manual Lathes. Growing rapidly, very profitable.
LISTING DETAILS
Down Payment: $310,000
Cash Flow: $600,546
FFE: $200,000
FFE Included: Yes
Inventory: $42,000
Inventory Included: Yes
Operation
Year Established: 1988
Days & Hours of Operation: M-F 9-5
Owner Hours Per Week: 40
Managers: 0
Location
Monthly Rent: $7,157
Square Footage: 10,000
Franchise: No
Summary
Reason For Sale: Retirement
Training & Support: 30 days or as needed for a smooth transition
Financing/Terms: SBA lending 20% down 10 year term, prime plus 2.5% Approximately 55,000 in fees.
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