Established Machining Business for Sale - Genesee County, MI

This is an established machining and custom centerless grinding operation with a history spanning 50 years, founded in 1973. The business specializes in producing pilot pins and other parts for magnetic drill presses, serving two key long-standing customers. Averaging $350,000 in revenue and $139,000 in profit over the past five years, the business has operated with minimal owner involvement (10-20 hours/week) and 1-2 employees. Despite a dip in 2022, sales are recovering, bolstered by a strong pipeline of approximately $140,000 in orders as of March 2023, estimated to yield over $100,000 in net profit. The owner is selling due to family health issues. The asking price for the business is $175,000, with the option to purchase the building for $99,000 or rent at $1,500/month. The sale includes all equipment valued at $50,000. The business is located in Genesee County, Michigan. Note: The listing is marked as SOLD.