CNC Shop in NE OK with over $800K Assets for $400K!

Delaware County, OK

Seller Financing Available
machine shop

Asking Price:$400,000

Cash Flow:$150,000

Gross Revenue:$375,000

EBITDA:N/A

FF&E:$1,000,000

Inventory:$20,000

Real Estate:$600,000*

Established:1971

*not included in asking price.

CNC Shop in NE OK with over $800K Assets for $400K!

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Business Description

Price to Sell! NE Oklahoma CNC machine shop with over $800K in "state of the art" CNC machine tools. 35 year old company provides high-precision machined parts for several long term customers in the aerospace and oil & gas valve industry sector. They offer quick-turn prototype parts and tooling for small, medium and large volume production runs. They have a very extensive and diverse customer base with no one customer representing more than 15% of annual revenue. The business has been profitable every year, weathering several recessions. Revenues have been consistent over the last 3 yrs at averaging $375K with net cashflow approx $150K. The company is in a very strong position to grow 10-20% annually due to the growth of several key customers. The owner is a lifelong machinist and former NHRA racing competitor. He is willing to provide support and training for 3-6 months to facilitate a smooth transition. The business has over 18,000 sq ft of HVAC’d building on 81/4 acres of prime industrial park real estate.

Offered at: $400,000 including over $30,000 in inventory, this company is part of America's manufacturing revival and will not last long at this price! Real estate is avail upon request. Call Mark Boswell today for more information at: 316-737-9223

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
N/A
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
15000 sq ft hvac building on 6 1/4 acres of industrial park land. top of the line machine tools and equipment including Mazaak and Hitachi Seiki.
Competition:
Company is a regional leader precision machining parts for aerospace, manufacturing and energy industries. ISO9000 certified with several national customers.
Growth & Expansion:
Plenty of room to expand and grow with over 200 customers in current database. Diversified customer base with no one representing more than 15% of annual sales.
Financing:
20%
Support & Training:
Owner will stay on for up to 3 months or more for training thru transition. Key employees can manage/operate in owner's absence.
Reason for Selling:
retirement

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Jay Shrewder

Business Listed By:
Jay Shrewder

Global Business Brokers LLC

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