THE Business for Sale Marketplace

This company is a CNC machine shop offering the latest-in-technology machining. The equipment includes3,4,and 5 axis vertical milling and turning centers with added features such as high-pressure flow-through coolant, live tooling, multiple spindles and high rpm vector drive motors capable of 12,000 rpm. These machines can be fitted with the necessary tooling to process a wide array of materials. Short to medium production and prototype requirements are efficiently handled. The business does very little assembly, tool and die work, cutting tools or repair work. Prototyping accounts for 15% of revenue. There are over 60 active accounts with no one customer accounting for more than 13% of annual revenue. Customers include several medical, aerospace, computer, food packaging and original equipment manufacturers. There are eight non-union employees working a one-shift operation. The business operates out of a 6000 square foot, air conditioned, rented facility. There are no outside salesmen or manufacturer reps. Business comes through word of mouth and by referral. The current owner recognizes the value of historically profitable operations, the fully equipped operating facility and its trained employees. The business is being offered for sale under the assumption that it would be absorbed into a larger organization via a stock sale. Indications are that management and key employees are either available to assist in a transition or to continue employment in the operation. Business owners and high net worth individuals only please.