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Machining & Fabrication Shop with Absentee Owner

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Machining & Fabrication Shop with Absentee Owner

Location:

Porter County, IN

Listing ID#:

3N1114

Since inception in the 1990s, this company offers custom machining (60%), custom fabrication (30%), and mill wright services (10%) to a commercial customer base. They are well-equipped with machining and fabrication equipment to support’s any customer’s need. Additionally, they are equipped with the machinery needed to re-build a variety of equipment. Over the years, this company has developed strong & loyal relationships with their customers, which has resulted in 85% of their sales to come from repeat commercial customers.

The current owner is considered to be an absentee owner. The day to day operations of the business are run by the company’s experienced team of full-time employees. The company operates out of a professional and custom constructed 21,000 sq. ft. machine shop. The real estate is owned by the seller in a different entity and the owner wants to sell the Real Estate with the business. The Real Estate has been Professionally Appraised at $1,150,000.

Established In

1995

Real Estate Included

No, sold separately

Franchise

No

Inventory Included

Yes

Industry

Machine Shop

Reason For Selling

Retirement

Full-Time Employees

17

Part-Time Employees

0

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Matt Brunstrum

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