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Precision Machine Shop & Fabrication for Auto

#26804
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Jeannette026-FINAL 4 LIGHT GRAY

Jeannette Engel
Union Bay Group
(206) 783-1717

Business Overview

This listing is for a well-established precision machine shop and fabrication company located in the Rockford area of Illinois that is available to a qualified buyer. This business offers a buyer a six-figure income and they specialize in the manufacturing of proprietary, patented parts for the auto racing industry. Some of their products include (but are not limited to) pinion & frame mounts, J-bars, Panhard Bars upper & lower control arms, lift arms, strut tubes and especially their line of rod ends. Their innovative and patented system works by greasing rod ends which reduces costs and installation time. Their system greatly reduces the time it takes to clean and re-grease rods from hours to minutes making the business a highly popular fixture in the racing community. This business has done extensive testing on their products and their reputation among professional racers and their teams is unmatched. In addition to their stellar reputation with pro racers, the business also has 50 dealer clients and approximately $500,000 of finished racing products on their shelves and ready to sell and ship. Over $1,000,000 in asset value is to be transferred with the sale of this business. This includes their previously mentioned inventory and their equipment. The financials shown below represent only a part-year for 2022. If you would like more information about this business opportunity, or if you would like to schedule a site visit, please contact the agent either online or by phone. Online inquiries will be responded to with an email from an @marvingroupllc.com address with an NDA attached. These can sometimes get filtered into junk/spam folders. If you do not hear back from us within 24 hours, please contact the agent by phone.

Listing Details

  • SIC

    33, 34, 37, 39

  • Price

    $1,195,000

  • Downpayment

    N/A

  • Adjusted Net

    $152,528

  • Annual Sales

    $344,668

  • Area

    Eastern Midwest (OH, IN, KY, MI, IL)

Relocatable

Home Based

Franchise

Lender Pre-Qualified

  • A/R

    N/A

  • Inventory

    $500,000

  • FF&E

    $501,320

  • Leasehold

    N/A

  • Vehicles

    N/A

  • Real Estate

    N/A

  • Other Assets

    N/A

  • Total Assets

    N/A

  • Included

    N/A

  • Current Liabilities

    N/A

Contact us about this listing