Reason for Sale:
* YTD as of , ** = Prorated.
Machine shop in Los Angeles for sale is a forty year old established ISO certified operation. The company's primary customer base is in the aerospace sector. The owners are looking to retire, but will be more than willing to assist a new owner in a seamless transition. The owners also own the building and are willing to sell the business and the building together. The property has not been recently appraised but is probably in the $750,000 range. The equipment is older vintage but still very serviceable and the two machinists are very proficient with it. The company makes parts for all the usual suspects in the industry and has long relationships with the primary contractors. An ideal buyer would be someone with connections in the industry and a strong sales and marketing background as this is the primary current weakness. The business has done twice the current volume in the past and there is no current outside sales force to drive sales. For more information please go to www.bizex.net and "register" as a buyer or you may contact Kendric Foultz directly at 310-968-2369.
DISCLAIMER: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.