Precision Tooling for Automotive Industry

Mid West

Precision Tooling for Automotive Industry
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $1,850,000

EBITDA: $126,000


Inventory: N/A

Established: N/A

Precision Tooling for Automotive Industry

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Business Description

The Company serves the automotive and aircraft industries with innovative tooling services. It specializes in creating a full line of prototype fixtures, gauges, models, and plastic check aids for limited production of vehicles to crash test and study. The process is repeated to perfect crash testing and until the testing has proved out. The Company guarantees quality assurance with use of its CMM (80” x 40” x 40” Johansson) machine in a climate-controlled inspection room.

The Company employs 12 full-time and 1 part-time employees and operates from an 8,235-square foot shop and office space. The facility is located near main highways leading to the world headquarters of many of its key customers. The plant is designed for maximum efficiency and is equipped with NC machines, a wood shop, a steel shop, and CMM inspection capabilities.

Detailed Information

* Strong Name and Reputation: Since inception in 1988, the Company has built a reputation for its focus on providing expert specialty tooling services for the automotive and related industries in a timely manner, with competitive pricing and superior customer service. * High Barriers to Entry: The significant capital investment to purchase factory equipment, assembling and retaining a high-quality workforce, and establishing relationships with vendors and high-profile customers are significant barriers to entry for new competitors. * In Compliance with Regulations: Management indicates that the Company is compliant with all applicable OSHA and other government requirements. * Facility Will Support Pro Forma Growth: The Company’s existing facility is sufficient to support the growth that is projected throughout the pro forma period.
Growth & Expansion:
Given sufficient resources, the Company has opportunities to accelerate revenue and profit growth by expanding its customer base and geographic markets, capitalizing further on existing customer relationships, hiring experienced sales professionals, and developing and implementing a coherent marketing strategy.
Support & Training:
The owner and key personnel are willing to stay with the Company post-transaction in order to ensure a seamless transfer of ownership.
Reason for Selling:
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Jerry Yocum

Business Listed By:
Jerry Yocum

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe

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