SMALL MACHINE SHOP - BUS & REAL ESTATE

Business Opportunity for Sale
Sale Pending
Catylist Listing ID: 30319872
Property Subtypes: Machinery, Manufacturing
Status: Pending
Building Size (RSF): 1,200 SF
Sale Price: $195,000
Name of Establishment: Harding Machine Shop
Year Business Established: 1942
Gross Revenue: $1 (Annual)
Cash Flow: $1 (Annual)
Relocatable Business: Yes
Sale Terms: Cash out to Seller
Last Updated: 3/13/2019

Overview / Comments

Small Machine Shop for Sale includes the complete package of Business, Inventory and Real Estate. This Business known as Harding Machine Shop has been in existence in Grand Rapids since circa 1942. Very affordable price for a machinist who wants to start his/her own business with a turnkey operation. Owner willing to stay on for a period of time after sale to help new Buyer.

Small Free Standing Building is 1,200 SF with 480 -3 Phase Power, 9' Overhead Door and 2 new Overhead Unit Heaters. Newer cement sidewalk and driveway cut in front.

Owner will provide financials upon request with Confidentiality Agreement

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Industry Segment: Other Machinery
Reason for Selling: Retirement
Value of Inventory Included ($): $25,000
Value of Furniture, Fixtures, and Equipment ($): $100,000
Real Estate Status: Real Property
Value of Real Estate Included ($): $70,000
Employee/Labor Description: Owner/Employee - 1 Person Operation
Mgmt/Training Support Description: Owner will stay on to help new Buyer.
Growth/Expansion Opportunities: Some
Seller Financing Description: None

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,277 121,393 260,589
Median Age: 28.26 32.69 33.71
Households: 7,760 48,696 99,717

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