80-Year-Old Precision Machine Shop for Sale
Price: $1,999,000
Location: Las Vegas, NV (Clark County)
Industry: Industrial and Commercial Machinery
Listing ID: LV158A
Listing Status: New
This company offers the ultimate in longevity with a clean, debt free operation! Great as a standalone operation or as a strategic purchase for the right company. Work is received by the shop by reputation and word of mouth, there is no active salesperson or campaign. The company does not rely on any one industry or client which helps ensure their continued success.The business is a machine and metal fabrication shop operation located centrally in the greater Las Vegas metropolitan area. Their extensive client list includes hotels, public transportation companies, major manufacturing companies and many businesses that require quality machine work. The company is one of the longest operating machine and fabrication shops in town with direct roots to Las Vegas history. With virtually no competition in Las Vegas this highly established company dominates the custom machining market and has further opportunity by offering CNC. In addition there is growth potential by just accepting jobs in neighboring states and beyond.
Ad#:2309507
Real Estate: Leased
Building SF: 12,000
Lease Expiration: 12/31/2025
Employees: 9
Furniture, Fixtures, Equipment (FF&E): Included in asking price
Facilities: The facilities provided by The Company are expansive and designed to cater to various needs. They take pride in ensuring that their equipment is well-maintained and equipped with state-of-the-art technology. Safety is among their top priorities, and they continuously strive to make improvements to create a better working environment. The Company's facilities also foster collaboration and teamwork, enabling them to deliver high-quality services to their clients.
Growth Expansion: Marketing is limited to yellow pages ads and a simple website. There are many areas where a buyer can add revenue through marketing not being done by current owner. As a machine shop, the target audience typically consists of businesses in need of custom machine parts or components. Some common marketing channels and tactics used in this industry include: - Developing a strong online presence through a company website and social media platforms. - Networking and establishing relationships with other businesses in related industries. - Utilizing email mar
Support Training: 30 day's at no cost to buyer
Reason for Selling: Retirement
Total Sales: $1,585,570
Cash Flow: $451,913
FFE: $1,000,000