Precision Machine Tool Manufacturer

Columbus, IN (Bartholomew County)

Precision Machine Tool Manufacturer

Asking Price:$1,000,000

Cash Flow:$271,587

Gross Revenue:$2,994,636





Precision Machine Tool Manufacturer

Get Financing Save Print Share Valuation Report

Business Description

Specialty precision machine tool manufacturer serving aerospace, heavy industrial, and power generation manufacturing applications. The 5 year averages have been gross revenue of $2.7M with $276K net earnings. Staff is staying with the business and a 30K sq ft facility is bank appraised at $800K and for sale in a separate transaction.

Detailed Information

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Owned by a native of Germany, this machine tool manufacturer has been the only North American manufacturer in this specialty machine tool niche dominated by competition based in Germany. Founded in 1945, US operations were established in 1978 in Indianapolis and the long time GM purchased the US company in 2010 while the German parent company was acquired by a German conglomerate that went bankrupt. The Indiana company retains the rights to and has the engineering designs going back to 1945.
This company owns no patents. It's 70 year engineering design expertise and design database gives the company the competitive edge in pursuing $100K+ machine tool projects where errors are too costly to consider hiring a firm who has never designed this product. Primary competitors are in Europe.
Growth & Expansion:
Great add on business for any manufacturer with an existing distribution channel in aero, heavy industrial, or power gen.
Support & Training:
2 weeks
Reason for Selling:
career change

Listing Statistics for Premium Members

Ad#:1250308 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Steven Fero

Business Listed By:
Steven Fero

Transworld Business Advisors of Indiana

Show Phone Number

View My Listings

Sponsoring Broker:
Michael Berry

Find out more...

Get more details about this business.

Similar Listings