Sold-Precision Measuring Instruments Manufacturer

Price: $350,000

Location: Massachusetts

Industry: Manufacturing

Listing ID: jd001

Businesses like this rarely come on the market. The Company is a family-owned, manufacturer of precision measuring instruments used around the world.

This business specializes in manufacturing parts for various markets which have a need for precision instrumentation including Dial Indicators, Digital Indicators, Dial & Digital Micrometers, Comparators, Bore Gages.

While the Company is priced based on its current results, it offers plenty of easy to implement opportunities to improve the efficiency of operations, which will allow the new owner to increase profitability of the business almost immediately. There are also plenty of opportunities to grow the Company and to take it to the next level where it truly belongs.

The Company will be a great acquisition for a first-time business buyer, seasoned entrepreneur or another company which operates in the same space and that wants to increase its footprint. An unlimited business potential gives a new owner no path other than success. The knowledge and reputation, loyal clientele and years of experience, which the seller will pass to the new owner, almost guarantee success and are the perfect foundation for further growth.

Gross Revenue: $450,000

Cash Flow: $108,000

FFE: $50,000 (Included in price)

Inventory: $25,000 (Included in price)

Reason for Sale:

Retirment

Training & Support:

Owner will assist during transition

Year Established: 1896

Days & Hours of Operation: Monday-Friday

Owner Hours Per Week: 40

Non-Owner Payroll: $7

Employees: 6

Managers: 1

Monthly Rent: 6,500

Type of Location: Individual building

Square Footage: 10,000

Historical Summary:

The Company is a family-owned, manufacturer of precision measuring instruments used around the world.

This business specializes in manufacturing parts for various markets which have a need for precision instrumentation including Dial Indicators, Digital Indicators, Dial & Digital Micrometers, Comparators, Bore Gages.

Owner Qualifications:

The Company will be a great acquisition for a first-time business buyer, seasoned entrepreneur or another company which operates in the same space and that wants to increase its footprint. An unlimited business potential gives a new owner no path other than success. The knowledge and reputation, loyal clientele and years of experience, which the seller will pass to the new owner.

Potential Growth:

While the Company is priced based on its current results, it offers plenty of easy to implement opportunities to improve the efficiency of operations, which will allow the new owner to increase profitability of the business almost immediately. There are also plenty of opportunities to grow the Company and to take it to the next level where it truly belongs.