Sunbelt: The Place to go to Buy or Sell a Business, Business for Sale, Franchise Opportunity, Buy Sell Business

Russ and Pat Lee

I wanted to thank not only Joan for helping me find the best business but also her assistant Patrick. They work as a team, and when Joan’s tied up, Patrick always had answers for me. It’s like having two people working to help you find a business. We appreciate it! Thanks for not letting us get into the food business in Santa Cruz. more...

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Listing Information

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CNC Long Established, Excellent Reputation
Listing ID: SB485	Location: San Mateo County
Broker:	Jim Carr, Ph:(408) 436-1900
Brief: CNC with 20 year history, solid customer relationships and reputation

Listed Price:

$510,000

Total Sales:

$550,000.00

Seller's Discretionary Earnings:

$179,000.00

Fixtures Furniture, & Equipment:

(Included in Listing Price)

Real Estate:

Inventory:

(Included in Listing Price)

Financing / Terms:

Seller will negotiate financing

Business Information

Year Established:

1980

Number of Employees:

3 Full Time / 0 Part Time

Days and Hours of Operation:

Monday-Friday 7:00-3:30

Relocatable:

Franchise Information:

Facilities / Location:

5,600 sq. ft. building

Lease Information

Lease Expiration Date:

Option:

Monthly Rent:

$4,000.00

Additional Information

Reason for Selling:

Retirement

Business Description:

This profitable CNC machine shop manufactures parts for high profile OEMs and scientific organizations based in the San Francisco Bay Area. The Business has an excellent reputation and several of its customer relationships have histories going back over a decade. Major customers are in the alternative energy sector, electronics manufacturing, medical, aerospace/defense, and basic scientific research. The Business also benefits from an ongoing open P.O. with one of its largest customers. After over 20 years running the company, the owner has been slowing down the work he is bringing into the shop: he has repeatedly declined some significant orders recently and over the last year. The company is very well equipped: it has 4 CNC and 3 manual mills; 1 CNC and 2 manual lathes; honing equipment; a full array of inspection equipment; and other miscellaneous shop equipment. With its client list, history and stellar reputation, this Business is a great opportunity for an energetic new owner familiar with machine shop operations to acquire a strong ongoing manufacturing company and to make it stronger simply with a willingness to accept new orders and to pursue new clients. The building and all furniture, fixtures, and equipment are in good condition.