Five Decade, Family-Owned CNC Precision Machining Shop for Sale!
| Asking Price: | $1,200,000 |
| Gross Revenue: | $2,806,208 |
| Rent: | $10,548/Month |
| FF&E: | $645,000 |
| Cash Flow: | $629,234 |
| Inventory: | $1,250,000 |
| EBITDA: | $444,244 |
| Established Year: | 1967 |
Strong Backlog Near/Mid-Term
INDUSTRY EXPERIENCE REQUIRED
This company has been machining precision components for the microwave, oil service, nuclear, aerospace and defense industries since 1967. The business was started by the current owner's father, and has been a family-run business since inception.
Many vendors utilized are formally approved preferred suppliers that are certified by NADCAP. Many suppliers are locally based, established material companies that have been conducting business for a substantial period of time.
The firm offers hundreds of products/SKUs, as they produce custom made parts and components for their clients. Customers are predominately in the aerospace and defense industries.
Given this is a niche industry, their product customization, goodwill and trust with customers are differentiating factors.
The current owner works 50 hrs/week managing workflow, scheduling and actively addressing issues that may arise.
Seller Training Time Period: One Year anticipated
Reason for Sale: Retirement
