45 Year old Davenport automatic screw machine shop in Orange County. Business is offered at $650,000. The revenue and SDE figures presented are for the fiscal year ending 7/31/2025.
This business has operated continuously for 45 years. It initially operated as a rebuilder of Davenport screw machines, then as a Davenport machine shop starting in the mid-eighties. Through this long operating history The Company has earned a strong reputation as a high-quality machine shop via high quality, quick order turnaround and outstanding customer service. The book of business has a reasonable degree of customer industry diversification with a strong aerospace content. The customer base includes highly recognizable companies and brands.
The business is currently located in a Seller owned building. The acquisition of the business will require relocation of the equipment. The Seller estimates approximately 4,000 sq. ft. of production space will be required if only equipment to support the current book of business is relocated. The Sellers will not entertain entering into a lease agreement of any duration to allow for business operations to continue operating in place in the building. Note: the building is also available at "current" market value.
The employees have long tenures with the Company and are experienced and capable in all aspects of Davenport operation, setup and maintenance. It is believed the employees will stay on if the business is relocated in a reasonable proximity to the current location. The operation is not overly dependent upon the owners for day to day production and operations. The production processes and quality assurance tasks are well documented. The owners primarily handle preparation of quotes, material ordering and accounting. The Company has strong relationships with key vendors.
The machinery and equipment that is available for acquisition/relocation includes the following:
• Qty 16 Davenport Screw Machines (16 in operation)
• New Britain Screw Machine 1 5/8 cap. Air Threading
• Caterpillar Forklift (4000 lb cap)
• Donaldson Torit Air Cleaning System
• Air King Air Filtering System
• K O Lee Tool & Cutter Grinder w/ Collets and fixtures
• Black Diamond Drill Grinder
• Darex Drill Grinder
• H628 Lathe
• Diamond Milling Machine
• Avon Fallen Stamping Machine
• Bear Centrifuge (15 gal)
• CAS 55 g Drum Scale
• Hydraulic Press
• Drill Presses
• Belt Sander
• Chop Saw
The successful buyer will be knowledgeable in machine shop operations, preferably familiar with Davenport automatic screw machines. While the employees are fully capable of machine setup, operation and maintenance, none of them have the skill set required to prepare price proposals or handle general customer care/interface.
Ad#:2292718