CNC Machining and Specialty Drilling
Pierce County, WA
| Cash Flow: | $246,066 |
| Rent: | $28,491/Month |
| FF&E: | $2,963,583 |
| Gross Revenue: | $2,001,253 |
| EBITDA: | $145,029 |
| Established Year: | 1981 |
Listing ID: 2129043Listing provided by BizBuySell
BUSINESS DESCRIPTION
CLIENT #44810 - Modern well equipped machine shop serves the diverse needs of industrial and aerospace companies. With a reputation for excellence and precision, the plant combines advanced multi-axis technology with skilled craftsmanship to deliver exceptional results. An experienced team of machinists work diligently to manufacture high-precision metal components utilizing highly specialized machinery and tools. Prototyping, small, or large-scale production are all primary capabilities. A unique business model, organizational talent, and equipment positions this firm for excellent future performance. Multiple partners seek to retire / exit. Facility is partner owned.
DETAILED INFORMATION
Location
Pierce County, WA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
23,000
Lease Expiration
30/04/2028
Employees
9
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The Company operations including all equipment is located in a 23,000 square foot facility in Pierce County, WA. Management believes the facility is in excellent condition with 16,000 square feet in manufacturing space and 7,000 square feet of office space. The facility has nearly immediate access to interstate. Facility is wholly owned by partner in the company's ownership group.
Competition
The machine shop market in WA state is highly competitive, with a large and growing marketplace. The Company maintains its competitive stance through investment in a modern plant and retention of skilled employees. The Company competes in a variety of customer markets including industrial automation, aerospace, hydraulics and other sectors.
Growth & Expansion
The company has not invested in any marketing efforts and has relied on word of mouth to attract and grow new clients. Investment in marketing is a significant opportunity. Expansion from a single daytime shift to additional shifts and additional staff will provide expanded capacity and potential for higher volume of production and revenue.
Financing
Seller financing of a minor portion of the transaction may be considered, subject to
Support & Training
Managing partners are flexible and committed to providing a new owner with transitional leadership and training to ensure a successful transition.
Reason for Selling
Partners seek to complete a liquidity event with plans to retire and exit after
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