Buy a Industrial Machinery Business in Suffolk County, New York
Business: Buy a Industrial Machinery Business
County, State: Suffolk County, New York
Business Type: Industrial & Commercial Machinery, Durable Goods (products), Business with Property Available
Summary Description
Distributor of customized high end specialty manufacturing related equipment. Specializing in metal forming machinery & plants offering a vast and complete range of machines for 2D and 3D Operations. The machinery customized and distributed by this firm is designed for a wide multitude of applications & requirements. This company boosts nearly 90% domestic market share and has secured a superb reputation over the past 30 years. Recurring business with premier clients among numerous industry segments. Owners willing to stay on to ensure a successful transition to new owner / operator. Use of this equipment helps manufacturers substantially increase productivity and quality.
About the Sale
Asking price:$675,000 (USD)
Financing:$400,000 down and $275,000, 36 months, 7%
Total Revenues:$3,056,848 (USD)
Cash Flow:$245,793 (USD)
Reason Selling:retirement of both partners.
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.