Charlotte CNC Machining & Metal Fabrication - Job Shop

Charlotte, NC
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Cash Flow:$2,237,404
Real Estate:$3,500,000
Gross Revenue:$11,500,000
Established Year:1982
BUSINESS DESCRIPTION

Very Profitable CNC Machining & Metal Fabrication Business

Design, Machining, Fabrication, Welding, Prototypes, large scale production runs, assemblies

Sales through September 30, 2024 were $9,398,725 with $2,033,137 profit YTD. Gross Revenues in 2023 were $9 Million with approximately $1 Million in adjusted earnings all on a one shift operation. Normal jobs are 500 pieces and no production runs. They do occasionally take on a project. There are 2 separate facilities, one for CNC Machining and the other is for laser cutting and fab.

There is no engineering done on site as they build to print. They do not do any wiring or electrical work but do a good bit of assembly including piping as needed. An integrator handles wiring needs. The company is capable of doing Prototype work.

There is no formal asking price at this time, but the Seller likely has price expectations of $10 Million for more for the business. A stock sale is likely preferred as there is over $6 Million in accumulated depreciation on the books. The real estate can be leased or purchased. There is no formal appraisal on the real estate but it is beleived to be close to $3.5 Million

Additional Information: Contact Bill Law, the listing broker at 704-904-6624 or email bill@sunbeltbrokers.biz


DETAILED INFORMATION
Location
Charlotte, NC
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
36,000
Facilities
There is an approximately. 19,000 SF facility for the CNC Machining operation and corporate offices with an estimated Fair Market Value of $2 Million. Just 4 miles down the road is approximately. 17,000 SF facility that houses the laser and fabrication side of the business. This property has an estimated fair market value of approximately $1,500,000 (total of $3.5 Million on the two facilities). Both facilities are owned personally by the Seller and are available for sale or lease.
Growth & Expansion
Sales are largely generated by word of mouth, reputation and referrals.
Support & Training
Seller will negotiate a transition period
Reason for Selling
A substantial amount of the Seller’s net worth is tied up in the company and he
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