** Financials: 2025 Year-End Estimate **
Business Highlights: A high-precision machine shop that has been serving the market for over 50 years. Serving the following industries: Mining, Oil and Gas, Food Processing, Infrastructure, Nuclear, Aerospace = via Third Party, etc. The company was acquired by the present owner over 20 years ago and is fully staffed and managed, with an absentee owner. The owner, who is of retirement age, is looking to smoothly transition the company to new ownership. The owner operates at a CEO level and spends much of his time out of the country.
Growth/Expansion Opportunity: The current owner built a successful business that is positioned to be scaled. At present, the company operates one shift at about 85% capacity. The owner has invested over $4.0MM in new high-tech machining equipment in the past several years. Equipment has an estimated 15-year-plus useful life. Currently on pace to reach about $10,000,000 in revenue in the next couple of years. Many long-term repeat customers
Equipment/Inventory: The current fair market value of the equipment is $13,000,000+/-. Orderly liquidation value of over $10,000,000
Real Estate: The business occupies approximately 55,000 SQFT in an industrial park - favorable long-term lease.
Financing: TBD
Ad#:2401720