Precision Machining

OK

Precision Machining
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Asking Price: N/A

Cash Flow: $370,000

Gross Revenue: $1,100,000

EBITDA: $270,000

FF&E: $664,000

Inventory: $242,000

Real Estate: $525,000*

Established: 1930

*not included in asking price.

Precision Machining

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Business Description

Firm delivers high-quality precision machining of parts and solutions by specializing in collaborative, short-cycle processes. Known for specialty work for specific oilfield product applications and beyond. Serving a diversified and loyal customer base.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
14,900
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located in a central city facility with adequate parking and space for the business to operate and expand to 50% or more higher throughput.
Competition:
The company has competed effectively in its markets for over 8 decades.
Growth & Expansion:
The company is growing steadily out of an industry slump. Historic levels are substantially higher and the company is regaining the volumes experienced in earlier years. Entry into the additional markets is a viable path to dampen industry swings and to enable growth.
Financing:
Prefer Cash, Possibly Negotiable for Qualified Buyer
Support & Training:
Owner will provide for sufficient training and transition to the buyer.
Reason for Selling:
Retirement
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(from currently available funds)
 
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John Johnson

Business Listed By:
John Johnson

IBG Business

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Sponsoring Broker:
IBG Business Investor Relations Department

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