High Precision Machine Shop For Sale
Asking Price: | $4,900,000 |
Gross Revenue: | $4,266,000 |
Cash Flow: | $174,000 |
Established Year: | 1989 |
Founded more than 30 years ago, the company specializes in Design & Engineering, CNC Machining, Dies & Tooling, Cable & Connector Assembly, Quality Systems, Fabrication, Stamping, OEM Products, Component Marking, and Quality Assurance. The company is maintaining strong growth in 2024 and has committed long term forecasts to produce military and surgical robotics parts. The supply of innovative prototype parts, designed as part of a groundbreaking surgical robot, will significantly increase in production forecasted over the next few years. This represents a major catalyst for the company's growth and a substantial boost to net income.
Based in central Pennsylvania (Harrisburg area), the company focuses on high-precision machining to meet tight tolerance customer specifications and product-to-grave turn-key solutions. The company has long-term contracts to produce developed prototypes and has repeat customers. This business comes with over $3m in well-maintained equipment.
Recognized for its extraordinary customer service, the company employs 26 highly skilled hourly workers and 7 salaried employees and owns the 63,000 sq ft. facility in which it operates. Real estate can be purchased at an additional amount.
Employees: Thirty-three employees (including three owners).
Facilities: 63,000 square foot facility (owned by the company and will be leased at market value). Significant expansion is available at the current facility.
Certificates and Licensing: ISO 9001; Approved US Government Vendor; ITAR Registered.
Business Highlights
• Strong track record of financial performance with solid project backlogs.
• Superior name and reputation in the industry.
• Clients are in the defense, medical robotics, and technology industries.
• Management team willing to stay on after the acquisition.
Further details of the business will be revealed, however, only to those buyer prospects whom the broker screens.