ISO 9001 Advanced CNC Machining Center in Houston

Houston, TX (Harris County)

ISO 9001 Advanced CNC Machining Center in Houston
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Asking Price: Get Financing: N/A

Cash Flow: N/A

Gross Revenue: $2,602,202

EBITDA: N/A

FF&E: $1,770,000

Inventory: $335,921

Lease Rate: N/A /SF

Established: 1962

ISO 9001 Advanced CNC Machining Center in Houston

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Business Description

This ISO-certified machine shop has been providing high tolerance precision machining and fabrication services to the oil industry for over 55 years. Superior project management, the ability to handle highly complex assemblies and a customer-driven attitude have established deep relationships and trust with many of the world’s largest oilfield industry leaders. The company offers prototyping, fabrication, milling and turning services tailored to meet the needs of its customers. The company has invested heavily in advanced state-of-the-art CNC multifunctional turning centers and horizontal and vertical machining centers in order to deliver the highest quality products. The shop is ISO 9001:2008 certified and provides 100% traceability throughout all phases of a project. Bright, clean, well-equipped 28,000 SF facility has plenty of room for expansion on the 9 acre site. Experienced, committed employee base. The company has maintained its workforce during the oil industry slowdown and is positioned to see the benefits as the recovery progresses. The company is also diversifying its customer base into other industries including aerospace. Detailed operating manuals, sophisticated software process control systems, hardwired CNC networks and biometric time clocks keep the company running smoothly and efficiently. Great opportunity to acquire a premier company in an ideal location with a strong customer base. Please refer to CBB Listing #8079FS

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Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
26,780
Lease Expiration:
N/A
Employees:
26ft; 3pt
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
26780sf freestanding facility on 9.1 acres of land
Growth & Expansion:
Diversify customer base outside of the Oil & Gas Industry. Hire an outside salesperson. Pursue more low mix, high volume work to utilize existing automation. Attend industry trade shows. Hold "lunch & learn" sessions with customers.
Support & Training:
Seller will train
Reason for Selling:
Corporate divestiture in order to focus on high growth company in another state.
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(from currently available funds)
 
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Frank & Rose Stabler

Business Listed By:
Rose Stabler

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.

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