Property Details

Specialty Ceramics Manufacturing and Machining Business - New York State

Property ID : WSD24.264

For Sale $635,900.00 - Manufacturing

DESCRIPTION:
• A Specialty Ceramics Manufacturing and Precision Machining Business located in New York State
• It has been in operation since 2006
• Manufactures customized intricate parts out of ceramic and other materials per customer’s specifications
• Has a highly skilled work force with extensive knowledge in the manufacturing of these unique materials
• Has CNC and Manual Machining, Turning, and Grinding Capabilities
• Has a Patent that improves the life cycle of commercial and residential snow plow shoes
• Long Established Customer Base in the manufacturing, food processing, Pumps, Machine Cutting Tool, and Utility and other Industries

ASSETS/FIXTURES/EQUIPMENT: Included in the asking price:
• Furniture, Fixtures and Equipment fair market installed value of $ 494,450
• New Material Inventory at Seller’s Cost of $ 10,000

LEASE ARRANGEMENTS:
• 10,100 Square Foot Facility
• Base Rent is $ 4,267.25 per month thru February 29, 2020, $ 4,393.50 per month March 1, 2020 thru
February 28, 2021, and $ 4,528.17 March 1, 2021 thru February 28, 2022
• Base Rent includes Electricity and Heating Usage

SALES AND SDE:
2018 2017 2016
• Sales $ 571,660 $ 1,070,701 $ 1,351,964

Note: Sales decrease from 2017 to 2016 attributed to the exiting out of the ferrous and non-ferrous materials
machining segment that used to be part of this business.

PRICE/FINANCING:
The Asking Price is $ 635,900

COMMENTS:
An Excellent opportunity for any existing Contract Ceramic or other Machining Business to acquire excellent accounts, Equipment, and a skilled work force to expand their sales, profits and capabilities. Also, for that
individual looking to become a business owner in this industry.

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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