CNC Shop-Aerospace-Medical-Electronic

Placentia, CA (Orange County)

CNC Shop-Aerospace-Medical-Electronic

Asking Price:$699,000

Cash Flow:$192,000

Gross Revenue:$843,449

EBITDA:N/A

FF&E:N/A

Inventory:$75,000*

Lease Rate/Sq. Ft.:$5,175

Established:1998

*not included in asking price.

CNC Shop-Aerospace-Medical-Electronic

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Business Description

he CNC shop has been in business for 27 years! Servicing the aerospace industry,Defense, medical companies and the semi conductor industry. All the equipment is completely paid off. They have 6 employees plus the seller. The equipment they have are CNC mills, CNC lathes & inspection equipment. This business has only had 2 owners in all these years and has always been profitable.They are AS9100C/ ISO 2008 Certified, ITAR registered.

The rent is $5,175 per month for 7,000 sq. ft.

Seller is willing to train the buyer on all aspects of running the business.

The asking price is as follows: $699K for business, + $25K Receivables, +$75k Inventory

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
7,000
Lease Expiration:
12/2/2019
Employees:
6
Facilities:
Well located in an industrial park this 7000 sqft CNC shop is only $5175. Lease expires in 2019 but options can be added during the assignment process.
Financing:
Possible
Support & Training:
Seller will train buyer for 6 weeks, more if necessary. Sellers fiancee will stay as long as the buyer wants her to.
Reason for Selling:
Seller would like to retire after 30+ years in the business

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Christina Lazuric CBB & CBI

Business Listed By:
Christina Lazuric CBB & CBI

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in The California Association of Business Brokers (CABB).

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