Longstanding Machine Shop
Let this red-hot metalworking business spark your interest!
Longstanding and dynamic Machine and Fabrication Shop available for sale with real estate included. With 23+ years of experience manufacturing and repairing machine parts, this versatile machine shop has built a loyal and diversified client base all over the Gulf coast. 90% of sales are repeat customers highlighting their longstanding reputation of quality and service. Owners retiring - priced to sell! Owners willing to stay on for 1-2 years.
| PRICE: | Undisclosed |
| REVENUE: | $940,000 |
| EBITDA: | $349,418 |
| LOCATION: | Located in the New Orleans Area |
| INDUSTRY: | Machinery |
| LISTING #: | 6603 |
| LISTED BY: | Seiler Tucker Brokers |
| REVENUE: | $940,000 |
| EBITDA: | $349,418 |
| SELLER FINANCING: | Yes |
| PRICE: | Undisclosed |
| DOWN PAYMENT: | Undisclosed |
| LENDER PREQUALIFIED: | Yes |
| YEARS IN BUSINESS: | 20+ |
| INVENTORY: | An estimated $7,500+ of inventory is included. |
| ACCOUNTS RECEIVABLE: | 182000 |
| FF&E: | 450000 |
| REAL ESTATE PRICE: | 400000 |
| REAL ESTATE INCLUDED: | Yes |
| FACILITIES: | The facility consists of an industrially zoned land parcel 13,000+ square feet, which is improved with a ground level office/warehouse/shop facility. The improvements contain 10,000+ square feet of gross building area. |
| LEASE TERMS: | Should the real estate not be purchased with the business, Sellers are willing to work out a lease with the Buyer. |
| IP: | No |
| REASON FOR SELLING: | Owners are retiring |
| TRAINING PERIOD: | 2-4 months |
| RELOCATABLE: | No |
| NO OF LOCATIONS: | 1 |
| EMPLOYEES: | 4 Employees |
| CONTRACT STAFF: | |
| MANAGEMENT TEAM: | No |
| PARTNERS: | No |
Huge potential for growth – machine tool consumption up 6.8% from 2016 to 2017.
The U.S. metalworking industry is red-hot. The Gardner Business Index (GBI): Metalworking averaged nearly 56 in 2017, which was easily the best year since Gardner Intelligence started the Index almost seven years ago. The Metalworking Index continued to increase in the beginning of 2018, hitting an all-time high of 61.3 in February.
The strong performance of metalworking facilities throughout 2017 resulted in a significant increase in machine tool consumption, as reflected by data from Gardner Intelligence’s latest World Machine Tool Survey. Machine tool consumption in the United States totaled $8.142 billion in 2017, an increase of 6.8 percent from 2016. This increase represented the fastest growth rate since 2011, and the second fastest since 2007.
Seiler Tucker Incorporated is America's Premier Merger & Acquisition Advisor. We are the expert business authorities in buying, selling, fixing and growing companies. We close 99% of all offers. We have thousands of buyers! Michelle Seiler Tucker is the Founder and CEO. She has sold over 500 businesses to date and currently owns and operated several successful businesses. Michelle continues to help buyers from all walks of life buy the American Dream, create financial freedom, be their own boss, and obtain a better quality of life.