Vern's Machine Co Inc
Machine Shops · Marion, NY
Vern's Machine Co Inc is a business in Marion, New York, listed under machine shops, with 10 to 19 staff, as recorded in 2020 to 2021. From 2023 to 2026, similar businesses sold for about $240K to $1.5M.
Public record
- Industry
- Machine Shops (NAICS 332710, as reported by the business)
- Location
- Marion, New York
- Staff
- 10 to 19 people (as reported in 2020 to 2021)
- Registration
- Active (as of October 2026)
- Formed
- December 28, 1979
- As of
- 2020 to 2021. Details may have changed since then.
What businesses like this sell for
Businesses in Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing with 10 to 19 staff, bought 2023 to 2026. Based on 36 purchases.
Loans used to buy them
$200K to $1.3M
Middle loan about $700K
Estimated purchase prices
$240K to $1.5M
Middle price about $820K
How we estimate the price: the records show the loan behind each purchase, not the price. Buyers usually borrow about 85% of the price, so we divide the loan by 0.85. The ranges show the middle half of purchases. This is not a valuation of Vern's Machine Co Inc.
Financials of businesses like this
Average revenue
$2.4M
a year
Average payroll
$776K
32% of revenue
Average staff
13.5
people
US averages for machine shops with 10 to 19 staff, 2022 (2,656 businesses). These are not Vern's Machine Co Inc's own figures; its own revenue and profit are what a valuation needs.
Value Vern's Machine Co Inc on Value Alpha
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Questions
- How much is a business listed under machine shops; turned product; and screw, nut, and bolt manufacturing worth in New York?
- From 2023 to 2026, businesses listed under machine shops; turned product; and screw, nut, and bolt manufacturing with 10 to 19 staff sold for about $240K to $1.5M, with a middle price of about $820K, based on 36 purchases. A business's own value depends on its revenue, profit and owner pay.
- How current is the information about Vern's Machine Co Inc?
- The industry and staff numbers were reported by the business in 2020 to 2021 and may have changed since then.
- How can the owner of Vern's Machine Co Inc get a valuation?
- Claim the business, upload one document that shows its name, and add revenue, profit and owner pay. The valuation can start while the document is reviewed.
Similar businesses in Marion
- Country Tool, Inc. · Machine Shops
- J&G Machine & Tool Co., Inc. · Precision Turned Product Manufacturing