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.
Listing Details
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
Operation
Year Established: 1896
Days & Hours of Operation: Monday-Friday
Owner Hours Per Week: 40
Non-Owner Payroll: $7
Employees: 6
Managers: 1
Location
Monthly Rent: 6,500
Type of Location: Individual building
Square Footage: 10,000
Summary
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.