MergerPlace

High Quality Precision Machine Shop

Michigan


  • Asking Price: $690,000
  • Gross Income: $1,268,002
  • Cash Flow: $117,862
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $600,000
  • Listing ID: #220342
  • Established: 1955
  • Employees: 14

Business Description

For many decades, this second-generation company specializes in the CNC machining of stainless steel, aluminum, brass, bronze, plastics, and a wide array of alloy, tool, and high-speed steels. Additionally, the shop handles many forms of grinding, ranging from ID, OD, Surface and Blanchard. Equipment includes both, manual & CNC Mills and Lathes, including 8 Fadals and 4 Harding-Bridgeports of various sizes to do most any size part. The company built an excellent reputation in the industry and prides itself on being able to handle tough jobs and complete almost all aspects of the job in-house allowing for better quality control, which has always been the main focus.

Currently the company focusing in prototyping and small run jobs for solid customer base across variety of industries including food processing industry (primarily dairy), defense, and automotive. However, higher quantities are well within shop’s capabilities.

The shop is consistently staying on the cutting edge of technology allowing it to remain competitive in the industry. All machinery and tools included with the sale and valued at over $700K. Strong knowledgeable team is dedicated to quality work, on-time delivery and possesses experience and expertise to complete complex jobs. The company is ISO 9001:2008 certified.

Real estate is valued at $700K and is available for sale, if the buyer desires. The owners are willing to stay in consulting capacity for mutually agreed period, if needed.

Excellent opportunity for an individual investor or strategic acquirer looking to gain market share, excellent team and solid customer base. More information is available with signed NDA.


Business Details

Primary Business Category: Manufacturing - Primary Metal
Location: Michigan

Company Information

Year Established: 1955
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 14

Financial Information

Asking Price: $690,000
Gross Revenue: $1,268,002
Cash Flow: $117,862
FF&E: $600,000
Seller Financing Available: Yes

Property Information

Facilities:

The shop operates out of modern, temperature controlled, 13,000 square foot facility sitting on 1.65 acres located in Southeast Michigan in an industrial area with close access to freeways and 15 minutes from Detroit Metro Airport. The real estate is owned by the seller’s related entity and is available for sale or lease.

Growth & expansion opportunities:

The business gets the clientele mainly through the word of mouth, no formal marketing campaign in place.

Competition:

Proven track record, superb reputation in the industry and excellent customer service gives this company advantage over its competition.

Reason for selling:

After many years of running the business, the owners are ready to retire.

Support & Training:

Seller will be sure to provide all the training necessary to ensure smooth transition.

Contact Business Seller

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Business Listed By:

Tanya Popov

Inix Consulting and Brokerage