Business Summary
Located in a small, scenic community in Landrum SC, this profitable machine shop manufactures parts, fixtures, customers are in the Power Generation, Wind Generation, and Aerospace and Automotive industries.The business is well established, it was founded in 1980. The business is located in a beautiful area of the Upstate and has some CNC and Wire EDM machines. The building is 7300 sq ft and sits on over an acre of land on a major highway. Real estate values are rising in this area.
The owner has been declining some large orders due to lack of capital. The business was started by a first generation family and the second generation has other interests. They would be open to working for a few months to ensure business continuity. With SBA financing, this business could be purchased with little cash down!
Reference # MC81902 Upstate, South Carolina
| Asking Price: | $525,000 |
| Gross Income: | $624,627(est) |
| Cash Flow: | $33,422(est) |
| Downpayment: | Negotiable |
| Real Estate Value: | $275,000 |
| FF&E: | $150,000(approx) |
| Inventory: | $7,000 |
Building & Property
| Building: | 7300 sq ft on 1.13 acres |
| Monthly Rent: | N/A |
| Real Estate Available: | Yes, included |
General Information
| Reason for Sale: | 2nd Generation Owner Has Other Business Interests |
| Franchise: | No |
| Support/Training- | Negotiable |
| Hours: | Mon – Friday 8:30am to 5:30pm |
| Year Established: | 1980 |
| Financing Provided: | Bank or SBA, can assume some owner financing |
| Employees: | FT: 10 PT: 1 |
| For complete information about this business for sale in SC, |
Empire Business Brokers, LLC
Contact: Alan Melton
Email:
Empire Business Brokers, LLC
1361 W. Wade Hampton Blvd, Suite F, PMB #253
Greer, SC 29650
Office 864.241.0606 / Fax 864.751.5121
The information and materials in this listing have been provided by the Client. It is to be used for the purpose of evaluating the company as a potential purchase. While the Client believes that such information is accurate, accuracy is not guaranteed, nor should the information be considered complete. Statements contained in the presentation which cover matters of opinion, whether or not so identified, are that only, and are not representative of fact. No representations or warranties are herein expressed or implied.
Tags: Machine shop business for sale, manufactures parts, Power Generation, Wind Generation, Aerospace, Automotive industries, Landrum SC
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