Leading machine shop in the Midwest, for over 40 years, manufacturing and modifying products for car racing engines all over the country – cylinder heads, intake manifolds, exhaust manifolds, and other parts.
This very profitable business boasts nearly $1 million gross annual income with $250,000 annual SDE – owner’s earnings, long-established customer base, excellent brand reputation, and ample growth opportunities for a new owner.
Premises includes 6,000 square feet of seller-owned production and office space. The building is currently leased from the owner’s real estate LLC. Seller is willing to lease or sell the real estate with the business.
Ample areas of growth opportunities to expand the business – extend the product offerings, website expansion for e-commerce, and the current work force is at about 60% capacity to be able to handle much more business. See broker for more details.
Seller is willing to execute a mutually acceptable training & transition support agreement in order to aid the buyer in the on-going success of the business