35 Years Old, Well Established Precision Metal Machining Business

North Hollywood, CA

Seller Financing Available

listing image
Asking Price:$585,650
Gross Revenue:$575,650
Rent:$6,300/Month
FF&E:$395,000
Cash Flow:$194,650
Inventory:$10,000
EBITDA:$194,650
Established Year:1989
BUSINESS DESCRIPTION

This company is a well-established precision metal machining business located in North Hollywood, Los
Angeles County, CA. Customers include multiple medical companies specializing in medical equipment
and related fields. Loyal customers making orders for over 35 years, since this company was established.
This CNC Machine Shop delivers high-quality parts that meet the most demanding specifications. This
company understands that precision is critical and they deliver the tightest tolerances. Their services
include multiple CNC machining (lathe, mill, and turning) and the design and creation of highly precise
and accurate product prototypes. The owner is ready to retire after 35+ years. Excellent opportunity for
growth. Customers are throughout the United States and a few are located out of the country.
This CNC Machine Shop can handle most job shop-type work, such as prototypes, tooling, and short to
medium production runs. They have experience with a wide variety of metals, polymers, and composite
materials.
The owner never marketed and never wanted to expand, although he was approached a few times. He
wanted to keep it as a small, family business. The owner states that 2-3 employees will be sufficient to
fulfill orders. Currently, the shop is managed by family members who don't mind staying after the
acquisition.
The building is ~ 3,000 sf, with a storage area and a parking lot behind security fences. Steady annual
revenue is between 500K-550K. SDE is about 180K per year. The 2023 571L statement shows that the
value of CNC Machines is about 400K. Training will be provided, CNC machines experience is a must.
Equipment includes:
• CNC Milling Centers (up to 40? X 20?) +Indexer/4th Axis
• CNC Lathe
• CNC Swiss-type lathes
• Wire EDM
• Sinker EDM
• Hole Popper (EDM)
• Small part surface grinders
• Conventional mills & lathes
The shop has extensive experience in milling, turning, and EDMing (where applicable) the following
metals, polymers, and composites:
Metals:
• Aluminum (all alloys)
• Copper, Brass, Bronze
• Tool Steels (A2, O1)
• Stainless Steels (17-4PH, 300 series, 400 series)
• Alloy Steels
Polymers:
• Delrin/Acetal
• PEEK
• Torlon
• Vespel
• PTFE (Teflon)
• Nylon
Composites:
• G10/G30 and others
.
Financial Statements, Inventory Count, and any additional information will be gladly presented to
qualified buyers during due diligence. Proof of funds is required. The seller is motivated. All of the
above information per Seller please rely on your own due diligence on market conditions and this
industry before making any commitment and decision making.


DETAILED INFORMATION
Location
North Hollywood, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,000
Lease Expiration
28/02/2030
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This CNC Machine Shop delivers high-quality parts that meet the most demanding specifications. This company understands that precision is critical and they deliver the tightest tolerances. Their services include multiple CNC machining (lathe, mill, and turning) and the design and creation of highly precise and accurate product prototypes. The owner is ready to retire after 35+ years. Excellent opportunity for growth.
Competition
The owner is ready to retire after 35+ years. Excellent opportunity for growth. The seller hasn't done any marketing. Just old, loyal customers
Financing
TBD
Support & Training
The owner states that 2-3 employees will be sufficient to fulfill orders. Currently, the shop is managed by family members who don't mind staying after the acquisition. TBD
Reason for Selling
Retiring
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Alex
Levitan
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Alex Levitan