Manufacturing with property or just business

Very established manufacturing business

Colorado Springs, CO

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Overview

Year Established
1972
Employees
10 full time
Business Structure
Corporation
Inventory
$64,000 (Included in asking price)
FFE(Furniture, Fixtures and Equipment)
$1,051,000 (Included in asking price)
Property
Freehold
Value of Real Estate
$500,000 (Included in asking price)
Area
11000 sq.ft.

Business

Description

This is an industrial & Commercial precision parts manufacturing company now for sale at a great price. This company has been operating for over 20 years and has an impeccable reputation which was built on attention to detail and quality service. This could be an investor's and/or inventor's dream business. Machine and engineering with a large variety of metals, plastics and some wood, manufacture parts for the U.S. Government, large, medium, or small corporations. Create and design prototypes, pilot samples, production stamping dies, life cycle/reliability testers or full mass manufacturing of many different parts for others, or for yourself, with a extensive variety of machines and tools. This is a turnkey business providing full service solutions from design to final product.
Purchase the business and the building or just the business and lease back the building, $4.5M (Just reduced from $5.3M) for the total including the real estate, or just $2.4M for the business. There is a 20% minimum requirement to purchase using a loan, 10% down and 10% reserve. We have many lenders to choose from, if you need financing.

Growth Prospects

Since the owner is retiring there is an opportunity for a new owner to grow this business to reach even higher profits

Sale

Reason for Selling

retirement

Training/Support

TBD

Premises

Facilities

Large metal warehouse type of building with over 11kmsquare feet with a large reception area, 2 offices - 1 used for a conference room - with the equipmemt in the back portioin of the building. Also includes 1,000 square feet of mezzanine space. 14 parking spaes. Theasking price includes 2 commercial lots for a total of .849+ acres (37,000 square feet)

Location

Colorado Springs, CO

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Ad Id: vb1320 | 80922