Listing Number: 9525-477194
Description
Established as a family-founded and owned business, this esteemed company stands as a beacon of quality and reliability in the area of military service. Strategically located in the heart of Hampton Roads, a center of Naval activity, the company has secured valuable contracts with the U.S. military, underscoring its significance and trust within the industry. Specializing in portable boring bars and valve repair solutions, they offer products specifically tailored to meet the rigorous demands of the U.S. Navy. Each tool is precision-engineered to stringent government specifications, ensuring superior performance and reliability in naval operations. Proudly American made, their products exemplify the highest standards of craftsmanship and quality. This company boasts a global reach, serving satisfied customers around the world. With a steadfast commitment to excellence and a reputation for unmatched expertise, this company continues to support maintenance and repair needs with unparalleled dedication, making it an invaluable partner to the US military.
Listing Details
- Price: $699,073
- Down Payment: $699,073
- Sellers Discretionary Earnings: $128,456
- Total Sales: $782,754
- Location: Portsmouth City, Virginia
- Inventory: $99,073
- FF&E: $500
- Employees: 1
- Year Established: 1974
- Reason for Selling: Owner would like to retire, and does not have any family or employees to pass the business to at this time.
- Category: Manufacturing
