The subject firm is a Machine Shop that has been in operation for over twenty-three (23) years with 25 permanent employees, conducts business in a company-owned property containing an area of 550 square meters along the main highway where a concrete structure is erected housing the machine shop and administrative office. The said property is located in Laguna.
Customers of Machine Shop are business firms operating in the periphery including those in the processing zones of the province of Laguna.
The owner is willing to part with 100% of his company inclusive of the lot with an area of 550 square meters and an existing 2-story concrete building, machinery/equipment, and four (4) service vehicles for a total consideration of PHP26 million.
Owner’s Role: General Management of the business
Reason for sale: No Successors to run the business