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Hi Precision CNC Machining, ISO Certified with Cold Forging Capability

North Carolina (Iredell County)

Mfg. - Fabricated Metal Products | Mfg. - Miscellaneous Manufacturing

Asking Price $2,000,000 Inventory  
Gross Income $2,000,000 Real Estate $850,000** 
Cash Flow $350,000 Year Established 1993
FF&E $2,000,000* Employees 14

* included in the asking price

** not included in the asking price

This business has state of the art modern CNC equipment. It was running 3 shifts at $9M annually but is now running at $2M/yr with $350K cash flow due to loss of major automotive account to overseas bidding. There is a lot of extra capacity. This is offered as an asset sale for $2M which is the FMV of the equipment (business goes with the sale). Seller personally owns the real estate and will lease it or sell it. Company has TS16949, ISO 9002 and 14,000 Certifications. Much of the work done historically has been automotive - transmission parts for the big 3 as a tier 1 supplier. A complete equipment list and company brochure is available. Contact Bill Law at 904-819-6930 or email bill@biz-sold.com Principals Only and No Buyer Reps - No Exceptions please.

Facilities: 17,000 SF fully air conditioned in a nice industrial park

Reason Selling: Loss of major customer

Business For Sale By

Bill Law, CBI

704-644-1141

Sunbelt Business Brokers

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