Property Details

Machine Shop with a Niche Market - Rochester

Property ID : WSD24.287

For Sale $1,749,250.00 - Manufacturing

DESCRIPTION:

  • A Machine Shop with a Niche Market located in the Greater Rochester NY area
  • Has been successfully and profitably operating for over 16 years
  • Manufactures Precision Very Large (up to 150” x 80” x 36”) down to Small Parts as per customer’s specifications
  • Operates within a 12,000 Square Foot Facility
  • Has a large Customer Base in the Automotive, Optics, High Technology and other industries
  • Equipment includes CNC Horizontal Boring Mills, CNC Machining Centers, CNC Lathes, and several pieces of Manual Mills, Grinders, and a Welding and Fabrication Station.

ASSETS/FIXTURES/EQUIPMENT: Included in the asking price:

  • Furniture, Fixtures and Equipment at a Fair Market installed Certified Appraised value of $ 913,800

LEASE ARRANGEMENTS:

  • 12,000 Square Foot Facility
  • Gross Rent is $ 4,905 per month with the current lease expiring on March 31, 2024 with options to renew
  • With 90 days notice, the lease can be terminated
  • Tenant pays all utility costs within the premises

INCOME AND SDE:

                2020        2019       2018           2017

Inc.   $1,240,306  $1,513,619  $1,460,862  $1,358,939

SDE $    132,923   $ 323,348  $   256,348   $   231,614

PRICE/FINANCING:

The Asking Price is $ 1,749,250

 

COMMENTS:

An Excellent opportunity for any existing Metal Fabrication Business to acquire excellent accounts,

Equipment, and a highly trained work force to increase their sales and profits

Agent Stephen DiPaolo

  • Office : 585-247-4750

Stephen DiPaolo was the owner of Aries Precision Products in Rochester NY for 22 years,…
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