Established Machine & Welding Shop – Optional Real Estate for Sale! 0 5 0 0
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Executive Summary

This is a 26-year-old Machine Shop located near Pasadena, TX. Although sales were well over $2M, they are down to approximately $700K due to the downturn in oil and gas. This could be a major advantage for the long-term investor wanting to buy low and sell high. Through June of 2017, the company had sales of $317K annualizing at $742K. Almost everyone agrees that we have hit bottom and the turn-around is about to happen. This Job Shop and Welding Company is primarily a service company for repairs. Although the company has enjoyed business from Shell Oil, Exxon, Halliburton, etc., they also do business with Seimens, GE, Dupont, Petrochem and others. They also do work for the Automotive as well as the Marine industries. The business is housed in two 3,750 sq. ft. buildings next to each other totaling 7,500 square feet. The owner owns the real estate and proposes to lease the property for $4,000 per month. He would also consider a sale of the real estate! The extensive equipment list includes CNC Equipment, Manual Machines, Mills, Lathes, Flow System Water Jet, Two Fork lifts, (ISO Compliant) and much more. Now is the right time to buy this ESTABLISHED COMPANY!
Listing #: 2339 Asking Price: ALL SERIOUS OFFERS CONSIDERED!
Location: Pasadena, TX Down Payment: ALL SERIOUS OFFERS CONSIDERED!
Business Type: Established Machine & Welding Shop - Optional Real Estate for Sale! Sales Volume: $694,237
Discretionary Earnings: $211,638

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