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This Business has been Sold!
Closing Date: 11/19/2021
Broker: Jim Aloi
Business for Sale Summary

Niche Machine Mfg. Shop for sale in NY - 34124

Business Type: electronics & technology,misc. manufacturing/non-classifiable,must sell/drastic price reduction!,mfg businesses
Sold
Niche Machine Mfg. Shop for sale in NY
On November 19th 2021, The Undersigned
Acted as the Advisor to the Deal
Jim Aloi
Jim Aloi Senior Broker
Servicing: Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $70,000 Down Payment $70,000
Gross Revenues $432,000 Lease Remaining Register Free to View
Owner’s Cash Flow $109,000 Number of FT Employees Register Free to View

Financing

$70,000 Down and

Business Description

Long Island based 2000 square foot niche manufacturing company established 30 years. Seller retiring. This niche company has many contracts and fabricates plastic & metal products for machines. This is a very scalable company. Seller only works 3 days a week. Seller will stay on for a decent length of time for training and support. Priced to sell fast includes $50,000 in inventory and machines & equipment. This company can be moved and relocated if desired. Great company to merge with another company. Buyer with good marketing skills can grow this company in leaps and bounds. Staff in place, seller only oversees the business and no longer does hands on work. Note seller states one of the vendors prefers minority status to fulfill certain contractual requirements. Seller has great records, & seller has contracts for a lot of his work. CONTACT BROKER JIM ALOI. DO NOT MISS THIS UNDER MARKET LISTING!

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at registration@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.