Great Manufacturer Machined Parts with Property

Orange County, CA

Great Manufacturer Machined Parts with Property
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Asking Price: $5,995,000

Cash Flow: $560,344

Gross Revenue: $3,623,534


FF&E: $5,603,940

Inventory: $300,000

Real Estate: $3,350,000

Established: 1978

Great Manufacturer Machined Parts with Property

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Business Description

BUSINESS IS BOOMING! The Company is set to have their BEST YEAR
EVER. Based on CURRENT Numbers they are tracking to do approx. $5 Million this year. They have a back log of 1.2 Million and continuing to grow.

This Company provides light manufacturing of close tolerance and difficult to manufacture metal components mostly for the aerospace, medical and semi-conductor industries. They specialize in contract manufacturing of machined parts with EDM as a component. It has earned a reputation for quickly and economically producing parts that defy traditional EDM machining with the highest of standards in manufacturing techniques.
The EDM job is entered into a computerized planning and scheduling system. The system allows close monitoring of project progress and timely status reports, and tight delivery schedules.

They upgraded to Shoptech E2 manufacturing software in 2006. The new system, improves on-time deliveries along with quality and customer satisfaction. Shoptech E2 allows all jobs to be quoted directly into the system allowing them to start the job after receiving an order with less down time.

They utilize Shoptech E2 for shop floor control, estimating, shop travelers, Data Collection (Bar Code), cost control, purchasing, and accounting. Also they maintain all customer specifications, maintenance documents, and receiving logs in a main data base on the server.

The Machines selected for primary use are Swiss-made Charmilles. They are known for their reputation throughout the world for their accuracy and dependability. Current EDM is the supplier for all High-speed EDM Drilling Machines. These are considered the best in the field of high speed EDM drilling. The company utilizes machine centers to produce electrodes, tooling fixtures, and 2nd operation machine on production parts.

They run the machines to factory specification at all times by employing a full time machine maintenance man. He is certified by Charmilles service training and is a long time employee (28 years). He is able to troubleshoot to board level with test equipment. They also have in excess of $50,000 of replacement parts in stock. This allows them to troubleshoot and get up and running in minutes to hours, as opposed to the competition that may take days to weeks. In addition, this reduces the cost of unnecessary factory service.

They have invested in 3R System Modular Tooling for parts requiring tooling and fixtures. The entire shop, including EDM, milling, machining centers, and CMM inspection equipment are all outfitted with 3R modular tooling. By implementing the tooling, it has created a permanent reduction in overhead and allows them to get consistently better results with difficult and close tolerance parts. The system allows the Programming department a known factor for setting up most jobs, and the operator can set up in minutes. This is extremely valuable in short run production and has become a standard mode of operation in the manufacturing industry today.
This Company has maintained an aggressive capital equipment update program that allows them to respond efficiently to designs that require maximum technology support.
Their services offer a balanced spectrum of industries. Broken down to approximately:
• Aerospace (including government/military) 46%
• Medical 17%
• Semi-Conductor 4%
• Commercial 25%
• All Others 8%
(They have a solid base of customers in each industry.)

In addition to Wire EDM machining services and Conventional EDM Sinker services, the company maintains a grinding department and machine shop with vertical machining center to increase their capabilities and expands the range of wire EDM parts which can be produced very cost effectively. The wire EDM machining services are an extremely accurate method of producing a part for high quality, close tolerances. Wire EDM technology is a critical aspect for advanced superior tolerance of parts, repeatable and extensive tooling with ultra-fine finishes.
The Company has earned a reputation for quickly and economically engineering assistance with complete CAD/CAM support available at every step of the development process to ensure the creation of a cost effective EDM design.
The Company is CERTIFIED ISO 9001:2000 and EN/JISQ/AS9100:2004 and has been audited in accordance with the requirements of: AS9104A AS9003.
Their mission is:
• To produce quality products with on time deliveries at a competitive price.
• To maintain a team of highly skilled personnel.
• To provide 100% customer satisfaction.
• To maintain integrity and reputation.
• To strive for perfection through continuous improvement.

This is a superior company that has a reputation as a leader in Electrical Discharge Machining, and is recognized in accomplishing tough jobs in EDM. Integrity has been the hallmark and shows through the client relationships.

This Company has super value, with Great Furniture, Fixtures, & Equipment, Super Real Estate and Structure, Good Accounts receivables of $403,000, and SO MUCH MORE!!!


Detailed Information

Orange County, CA
Included in asking price
Real Estate:
Included in asking price
Building SF:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
This Premier property and facilities are customized to the unique requirements of the companies operation. The Land & Building was recently appraised at $3,350,000. The land is approx. 1.5 acres. The building was built in1962 for light manufacturing with ample room for manufacturing including: • Attractive 20,000 square foot building • There is enough land to increase the building size by 50% • Insulated and fully air conditioned • 1200 amps of 480 volts, expandable to 2400 volts • DI water plumbing and compressed air (Rotary Compressor) distributedthroughout building • Three ground level cargo doors • Two overhead bridge cranes • Mezzanine with Heat producing chillers • 20 ton water tower to increase effectiveness of cooling chillers in mezzanine • Security alarm system • Centralized computer system and LAN wired throughout building • Approximately 5000 sq. ft. of front office space include nicely decorated customer lobby, two executive offices, large conference room and five support offices • 800 sq. ft. lunch and employee workout area equipped with microwave ovens, soda and snack machines • Ample parking 50 spaces and storage area on lot • Located in heart of an upscale industrial tract near Major Interstates • All Property, Buildings, etc. is owned by seller and goes with the sale
This is the largest EDM facility in Southern California. There is no one competitor that competes against the broad range of markets and products served. There are individual competitors on certain products to certain individual customers that the company competes against.
Growth & Expansion:
Tremendous growth potential within the Aerospace market, particularly with SpaceX.
Support & Training:
The owner will work with new owner to provide adequate training for a smooth transition
Reason for Selling:
Owner is ready to retire
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