MergerPlace

Precision CNC Boring and Machining

Michigan (Genesee)


  • Asking Price: $2,200,000
  • Gross Income: $1,600,000
  • Cash Flow: $232,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #206221
  • Established: 1977
  • Employees: 17

Business Description

Turnkey 3 and 4-axis CNC machining company maintains unique capabilities to machining extremely large pieces for automotive, aerospace and oil and gas customers.

Established 41 years ago this Michigan based CNC company’s consistent investment in quality machinery, tooling and equipment has made it not only more versatile but more productive to run. The company maintains numerous big iron boring mills, rail mills capable of flawlessly machining large parts for aircraft, oil and gas and automotive applications. Despite a number of unpredictable setbacks in recent years, the Company is better positioned than ever to be vertically integrated with a strategic buyer seeking to utilize its unique base of equipment, industry contacts and skilled labor and management team. The Company is presently operating at approximately 20% capacity and is positioned to immediately take on overflow work. This is an agile business that has transitioned from oil and gas to aerospace and special machines (i.e. mining, steel mills, over road equipment).

Owner, now a 77 year-old, craftsman is making this operation available as succession planning to go on for the family. His son is now the President and Sales Manager and will stay with the company and runs portions of the company. Owner and his Office Manager run the business and she will stay with the company as part of the management team. Owner will stay with the company as requested by the buyer. The owner would prefer to lease the building for three to five years.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency.

You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the NDA email cannot be found, please email info@smallbusinessdeal.com and request a PDF version.

Once we receive your NDA, the Confidential Business Review (CBR) will be sent to you. The owner’s contact information will be provided in the CBR. They will be happy to correspond and answer your questions directly. Thank you for your time!


Business Details

Primary Business Category: Manufacturing - Machinery
Location: Michigan
County: Genesee

Company Information

Year Established: 1977
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 17

Financial Information

Asking Price: $2,200,000
Gross Revenue: $1,600,000
Cash Flow: $232,000
Seller Financing Available: No

Property Information

Growth & expansion opportunities:

Growth Opportunities include: 1) Physical Expansion 2) Sales/Marketing 3) Under Capacity

Competition:

Investment Highlights include: 1) Intellectual Property Library – The company has use patents and engineering for numerous machines they have developed and sold. These machines have intellectual value and can be used domestically and in developing counties where a lower volume of product is required. These include a tapping machine, a ring transfer-machine, as well as machines used by hydraulic industries. 2) Location – The Company is geographically well placed to serve major Michigan manufacturing hubs.

Reason for selling:

The owner is seeking retirement.

Support & Training:

Will be provided through a transition period.

Contact Business Seller

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Business Listed By:

Doug Yntema

Calder Capital, LLC