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Growing Machine Shop for sale with High Profit Margins

Price: $2,700,000

Annual Revenue: $2,290,000

Net Cash Flow: $917,000

Industry: Manufacturing

Location: DuPage County, Illinois

Profitable Illinois machine shop in business for more than 25 years, serving the automotive, lighting, temperature controls, insert molding, and fastener industries.

This business supplies excellent quality machined components to its partners domestically and abroad.

Because of their niche services, clients are very loyal, and there is extremely low attrition.

Consistent growth in the last few years, with 2023 on track to continue that trend.

The seller is retiring and will stay on for a reasonable amount of time to allow for a smooth transition. The existing 8 employees will continue in their roles, ensuring operational continuity.

PLEASE NOTE: Only buyers with machine shop experience will be considered.

Listing Details

Reason For Sale:

The owner is retiring and plans to move to Florida full-time.

Training & Support:

The owner will stay on for a reasonable amount of time to allow for a smooth transition. The existing 8 employees will continue in their roles, ensuring operational continuity.

Operation

Employees: 8

Location

Monthly Rent: $10,000

Square Footage: 10,000

Facilities Information:

10,000 square foot facility on a $10k/month lease. 8,000 square foot is for production and 2,000 square foot is for the office and warehouse.

Summary

Competition:

Very little competition since this business offers niche services that their clients rely on.

Potential Growth:

To expand, a new owner can market outside of the Midwest. Currently, all business is via word-of-mouth and referrals.

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