Macomb County, MI Machine Shops and Tool Manufacturers For Sale

Machine Shops and ToolsMichiganMacomb

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High Cash Flowing Machine Tool Business
$2,800,000Cash Flow: $660,000
High Cash Flowing Machine Tool Business

Macomb County, MI

It has been a great 35 (+) year run for the owners of this successful southeast-Michigan machine tool business; however, they now look forward to retirement after selling their company and overseeing an orderly transition to new ownership. Located in an attractive newer 27,000 sf facility which was built expressly for the business, the building is located in an industrial park in a desirable community with easy access to nearby freeways. The real estate, which is owned by the sellers, can be leased at a favorable rate or purchased in a separate transaction. The business has a skilled, loyal, well-paid, non-union 10-person work force who perform a variety of machining functions and assembly operations utilizing the company’s vast array of equipment, including many late model CNC machines. The business also has long standing relationships with suppliers that augment operations on an as needed basis thereby providing “one-stop-shopping” to meet customers’ diverse needs. True competitors are limited as few are able to match the capabilities provided by this company’s wealth of equipment which has a jaw dropping original cost basis exceeding $4.0 million. The business services clients in aerospace, oil field, automotive, medical, defense and other heavy industries. Strong growth opportunities would seem to be plentiful given (a) the business operates only a single shift; (b) the vast array of equipment allows for a myriad of manufacturing opportunities; (c) new business activity is currently limited to word-of-mouth (i.e. there are no marketing efforts in place); and (d) sales are primarily to local customers (i.e. within a 100-mile radius of the company’s facility). For the past 5 (+) years, the business has had average annual revenues of almost $3.6 million with an average annual EBITDA of $660,000 over the same period. The business is being offered for $2.8 million (4.2x EBITDA) which given the impressive array of assets included in listing price represents significant value to buyers. An asset sale is contemplated with the sellers retaining cash and A/R while retiring all liabilities. The buyer will receive the vast amount of machinery and equipment, approximately $250,000 of inventory, and the goodwill of the business. In addition, for qualified buyers a meaningful seller note will be available, and the sellers will adjust their post-close tenure to accommodate the transition needs of the successful buyer. For more information on this very attractive business opportunity with truly prohibitive barriers to entry, please contact Steve Kandt (steve@praxisbb.com).

High Pressured Alum/Zinc Die Casting Co!!
$2,800,000Cash Flow: $370,000
High Pressured Alum/Zinc Die Casting Co!!

Roseville, MI

Founded in 1954 this company is an authority on aluminum & zinc die castings. As an industry leader, they manufacture die cast components for a wide variety of markets: automotive, large trucks, Classic cars, Medical devices and miscellaneous and everything in-between. Company facilities features hot chamber machines, cold chamber machines, with outside chrome finishing service. This versatility, combined with our years of experience, mean company makes up 14 pounds of castings.


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