B2B High-Precision Part Manufacturing Business (37988)

Seller Financing Available

Located in Northeast Illinois and serving North America, this business manufactures specialized and high precision machined products from shafts, guides and gudgeon pins, to seaming levers, general tech, and other quality materials. Benefiting from a state-of-the-art facility featuring CNC Machines with support equipment, and over four decades of experience, the company focuses on clients in the packaging and printing markets, while maintaining its flexibility with food processing, oil and gas, and the general machining markets as well. With YTD Sales July 2024 over $750k, business is targeting stability with 2023’s Revenue of $1,279,858 holding Discretionary Earnings of $235,000. Working at near-full capacity, no additional sales staff would be required to generate more projects; organic growth can be obtained through mining existing customers with the addition of another shift of employees or a larger facility. With long-term leasing available, the property is a 10,000 square foot shop found in prime condition with office space and a production area up to 9,200 SF. Cross-trained for estimating and quoting, a skilled team of nine nonunion employees include management in place and are set to remain post-purchase and continue operations. While the owners are involved, there is an excellent work-life balance thanks to the reliable employees. Ownership will be available as needed for standard transitioning. Besides their active website & engagements across social media, marketing relies mostly on verbal referrals from a large, repeating customer base lays out the foundation with potential for growth through aggressive advertising and strategic partnerships. With a strong profit margin, the owners are seeking offers to find a fair market value for the business. Contact IAG to receive more information and make an offer!