Production CNC Machine Shop

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Production CNC Machine Shop
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Asking Price: Get Financing: N/A

Cash Flow: $256,000

Gross Revenue: $1,100,000

EBITDA: $186,000

FF&E: $300,000

Inventory: N/A

Real Estate: N/A

Established: 30

Production CNC Machine Shop

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Business Description

Available for acquisition is a 30+ year-old production CNC machine shop that specializes in close tolerance contract machining on all types of materials. With many established and well satisfied customers, the Company generates a 98% recurring rate of business. Services offered comprise lathe work, milling, prototype machining, and contracting manufacturing. Equipment is maintained and upgraded to maintain high quality standards and to satisfy customer demands. Although the company has had energy related customers for many years, they are penetrating new industries, including automotive and wind farm companies.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The Company operates from a 20,000+ square foot facility with an office/reception area, manufacturing area, storage areas, and a quality control room, Included are many quality machines, including CNC turning and vertical machining centers, conventional machining equipment, automatic sawing equipment, test and measurement instruments, and miscellaneous equipment. The facility is capable of supporting higher revenue. The real estate is available for purchase.
Competition:
The Company differentiates itself from the competition by providing cost efficient work that is top quality and maintaining a strong adaptable workforce that is committed to providing unmatched customer service. The combined experience from all the Company’s employees surpasses 160 years. The wealth of experience and expertise provides a significant intangible value and advantage over many competitors.
Growth & Expansion:
There exist several opportunities for the Company to increase revenue and profit, including leveraging the Company’s proven reputation to pursue and penetrate new and existing markets. The Company is expected to have significant rapid growth that will follow with the anticipated increase in oil & gas activity.
Support & Training:
The Shareholder is willing to stay with the Company during a transition period in order to ensure a seamless transfer of ownership.
Reason for Selling:
After many years in the industry, the owner would like to slow down.
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Fred Phillips

Business Listed By:
Fred Phillips

Business Exchange Specialists, L.L.C.

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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.

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