| Silicon Valley Machine Shop |
| Listing ID: SB586 |
Location: Silicon Valley , California |
|
| Broker: |
Joe Monte, Ph:(408)
436-1900 |
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Brief: Extremely fast growing Machine Shop with state of the art equipment
| |
| Listed Price: |
$3,600,000 |
| Total
Sales: |
$3,132,646 |
| Seller's Discretionary
Earnings: |
$1,077,000 |
| Fixtures Furniture,
& Equipment: |
Included |
| Real Estate: |
N/A |
| Inventory: |
Included |
| Financing / Terms: |
TBD |
| |
|
|
Business
Information |
| Year Established: |
2006 |
| Number of
Employees: |
24 |
| Days and Hours of
Operation: |
M-F 8:00a.m.-5:30p.m. |
| Relocatable: |
Yes |
| Franchise Information: |
N/A |
| Facilities /
Location: |
10,000 sq. ft. / Santa Clara County |
| |
|
|
Lease
Information |
| Lease Expiration Date: |
Two adjoining 5,000 sq ft units. Unit 1 May 2011 Unit 2 2013 |
| Option: |
3 year option on each unit. Landlord should be willing to extend options |
| Monthly Rent: |
$7,250 for both units combined |
| |
|
| Additional
Information |
| Reason for Selling: |
Owner time is divided between this business and another business. He
also has a very lucrative opportunity in another field that he wants to
pursue. |
| Business
Description: |
Business Description: Machine shop was started in January 2006 in the beginning of the
recession. Despite a tough market the Company Business Plan was to provide the highest
quality parts possible give outstanding service and delivery in a timely fashion. They
were willing to take on tough jobs to gain customer loyalty. Examples include: Polishing
parts for a customer that another machine shop failed to do. They often take on rush
orders which requires paying the machinist overtime, sometimes through the night. With
this, “do whatever it takes”, philosophy they have grown sales 1,200% since their first
year and continue on a path to double sales annually. Starting with just a few high
quality C&C Milling Machines the Company reinvested profits into more sophisticated
equipment which out produce its competition. Currently there are 15 major machines.
Many Silicon Valley Companies are willing to pay top dollar for the quality control and
time savings by having this shop mill their parts. The profit margins for this shop are
consistently higher than his competitors due to the quality.
Total original price of this equipment was $1,300,000 plus an additional fifty thousand
dollars in other equipment.
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