High Growth CNC Tool and Die Manufacturer
| Asking Price: | $1,900,000 | Inventory: | |
| Gross Revenue: | $1,675,587 (comments below) | Real Estate: | $500,000 ++ |
| Cash Flow: | $251,877 | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price |
| Gross Revenue Comments: 2007 |
Steady and high growth manufacturer specializing in custom CNC machining, gages, die design and die building. Company has grown from sales of $780K in 2001 to $1.4MM in 2006 with a projected increase for 2007. Growth has been driven by a solid reputation and accolades like supplier of the year creating a repeat and diverse regional and national client base. Customers are in the automotive, marine, heavy truck and military industries with the largest contributing no more than 15% of total sales. Current staff can remain for a smooth transition and there is a real opportunity to increase sales efforts for additional growth. The facility is 12,000 sq. ft. and located on prime property which includes over 29,000 sq. ft. Owner is willing to train for a negotiable amount of time and is looking to move into other interests.
About the Business
Year Established:1996
Facilities:29,000 sq. ft. on major road.
Market Outlook and Competition:Aggressive growth of the company speaks for competitive positioning. 2008 forecast is over $1.8MM in sales.
About the Sale
Reason For Selling:Looking to follow other interests.
KEYWORDS: Steady and high growth manufacturer specializing in custom CNC machining, gages, die design and die building. Company has grown from sales of $780K in 2001 to $1.4MM in 2006 with a projected increase for 2007. Growth has been driven by a solid reputation and accolades like supplier of the year creating a repeat and diverse regional and national client base. Customers are in the automotive, marine, heavy truck and military industries with the largest contributing no more than 15% of total sales. Current staff can remain for a smooth transition and there is a real opportunity to increase sales efforts for additional growth. The facility is 12,000 sq. ft. and located on prime property which includes over 29,000 sq. ft. Owner is willing to train for a negotiable amount of time and is looking to move into other interests.
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