40+ Year CNC Manufacturing Legacy for Sale in Santa Barbara County

Santa Barbara County, CA
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Asking Price:$1,270,000
Gross Revenue:$1,500,681
Established Year:1983
Cash Flow:$306,027
FF&E:$1,200,000
BUSINESS DESCRIPTION

40+ Year Profitable CNC Manufacturing Company in Santa Barbara County

Founded over four decades ago, this distinguished CNC machining enterprise has a stellar reputation for its precision engineering and excellence. With a diverse clientele encompassing the Aerospace, Automotive, Medical, and Research and Development sectors, the company has solidified its position as a trusted partner in the manufacturing industry. In 2020 and 2021, the company achieved substantial success, boasting a Seller's Discretionary Earnings (SDE) exceeding $750k annually. Notably, in 2019, the SDE surpassed the $1MM mark, showcasing consistent profitability and financial stability. Despite encountering unforeseen medical challenges in 2023, causing a temporary income fluctuation the seller has now successfully recovered. He is prepared to transition into retirement and committed to ensuring a seamless transition. The business boasts over 20 CNC machining stations, valued at an estimated $1.1MM, providing ample capacity for production and expansion. Coupled with an experienced team and the ability to prototype and mass-produce quality products, the company offers significant potential for further growth and market dominance. Due to the lease the company would have to be relocated from the current location thus the seller has dropped the price by $230,000 to assist with this expense. This opportunity will not last long. To proceed with discussing this business opportunity further, please complete the contact form provided, including your full name, phone number, and email address. Upon submission, you will receive an electronic Non-Disclosure Agreement (NDA) via email from notifications@zoho.com. If you do not receive the NDA in your inbox, kindly check your spam folder. We eagerly anticipate receiving the signed NDA to facilitate the exchange of additional information.


DETAILED INFORMATION
Location
Santa Barbara County, CA
Inventory
Not Included in asking price
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Seller is active with 5FT, 3PT, and 2 Contract employees. Hours of operation are 7:30 AM - 5 PM Monday - Friday.
Support & Training
10 weeks
Reason for Selling
Retiring
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Ryan
J. Roques
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Ryan J. Roques