Versatile Precision CNC Machine Shop

Oakland County, MI (Relocatable)

Seller Financing Available
Versatile Precision CNC Machine Shop
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Asking Price: $1,999,999

Cash Flow: N/A

Gross Revenue: $1,850,000

EBITDA: N/A

FF&E: $1,000,000

Inventory: $350,000

Rent: $10,000 /Month

Established: 1959

Versatile Precision CNC Machine Shop

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Business Description

This well established precision tooling and precision CNC production machine shop has been in business almost 60 years. The Company has 10 shop floor employees with over 25 years of machining experience on a wide variety of tooling and precision components. The Company has experience in a wide variety of work for the automotive, aircraft, medical, food, military, government, and ammunition industries. This full-service production CNC machine shop accommodates production runs with repeat orders from contracted clients. The Company specializes in manufacturing precision tooling, assemblies, fixtures and work holding along with the manufacture of precision components. The Company features a full-service machine shop with CNC and conventional turning, milling, complete grind department .. The Company has developed a reputation for high-quality work especially when dealing with close tolerance
and serves a wide customer base.Additionally, the Company has built a strong customer base that generates recurring revenue. With business split equally between the tooling and precision machine services, this is a great opportunity to own a diverse business with excellent growth potential. With 18 CNC machines in house, this facility could easily double the Company output with no additional capital outlay.

Detailed Information

Location:
Oakland County, MI
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
20,000
Lease Expiration:
1/1/2023
Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
18 CNC mills, lathes made by Mori Seiki and Makino: 17 with Fanuc controls and 1 with Mitsubishi controls CNC mill capacity to 48 inch x 66 inch with full 4th axis capabilities. Turning from 3/8 inch diameter to 18 inch diameter 4 CNC lathes with sub spindles, live tools and 12 foot bar feeders. Complete grinding department. Over 20 Lista/Vidmar style high density cabinets filled with tooling. Complete complement of inspection equipment. Over 250,000 lbs of carbon alloy and tool steel on site. 1760 square feet storage with on site shipping co
Competition:
Our versatility allows us to quote work to just about any industry. We are one of the few remaining shops in the area that can competitively produce one off details as well as competitively handle most CNC jobs. Many of our current customers have been with us for over 30 years.
Growth & Expansion:
We are currently a one shift operation. Our abundance of machines allows us to be extremely versatile and flexible. A new owner with the right kind of work could easily double sales with no additional capital outlay. We already have very capable employees in place.
Financing:
Partial Seller Financing Available to the right buyer
Support & Training:
SELLER WILL STAY ON AND WORK UNDER CONTRACT FOR NEW OWNER TO HELP WITH TRAINING AND ENSURE A SMOOTH TRANSITION. The seller enjoys excellent health.
Reason for Selling:
RETIREMENT
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Business Listed By:
Not Disclosed

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