Charlotte CNC Machining & Metal Fabrication - Job Shop
Cash Flow: | $2,237,404 |
Real Estate: | $3,500,000 |
Gross Revenue: | $11,500,000 |
Established Year: | 1982 |
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
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