Machine Tool Calibration Services & Equipment Company

New England

Machine Tool Calibration Services & Equipment Company

Asking Price:N/A

Cash Flow:N/A

Gross Revenue:$1,600,000





Machine Tool Calibration Services & Equipment Company

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Business Description

The Company’s operations primarily involve machine tool calibration services and equipment. It diagnoses machine problems, optimizes machine accuracy and performance, and certifies machine accuracy to national and international standards. During 2015, the breakdown of revenue as a percentage of sales was: calibration and diagnostic services (52%), calibration equipment sales (30%), machine tool probe installation and repair (13%), and reimbursed travel expenses (5%). Target markets served are aerospace (51% of 2015 sales), manufacturers (18%), machine distributors (11%), nuclear (10%), job shops (5%), and medical (5%) industries. The current customer base consists of approximately 100 active accounts, and 95% of revenue is derived from repeat business.

The Company operates from facilities located at the owner’s private residence, which is comprised of a conference room, office space, warehouse space, and a detached garage for storage of Company vehicles. The facility is currently staffed by 1 part-time and 4 full-time, non-union employees. It is estimated that a 1,500-square foot facility would be needed to support current operations and pro forma growth.

Detailed Information

Home Based
Accreditations: The Company’s laboratory is accredited in accordance with the recognized International Standard ISO/IEC 17025:2005. This accreditation demonstrates technical competence for a defined scope and the operation of a laboratory quality management system. It also holds the Z540 accreditation with A2LA as a Machine Tool Accredited Laboratory. Many companies in the US prefer doing business with accredited calibration labs.
This business is Home-Based

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George Nova

Business Listed By:
George Nova

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe

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