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Manufacturer of Precision Machined Products
| Asking Price: | $1,835,000 | Inventory: | $5,000 ++ |
| Gross Revenue: | $1,228,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $485,000 | FF&E: | $900,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: Customer supplied turned metal castings | |||
Manufacturer of large precision parts to aircraft industry. Customer supplied materials which supports owners cash flow of $480,000 on revenues of $1,228,000. Niche strategy. Avoids commodity machining. Fifteen years of profits. Book available to qualified buyers. Strategic buyer preferred but credit strong financial buyers also of interest.
About the Business
Year Established:1995
Employees:6 full time -
Relocatable:Yes
Facilities:9,000 sq.ft. single story
Market Outlook and Competition:Driven by aerospace and success in adding new customers.
About the Sale
Management Training and Support:Will create management transition program for new owner.
Reason For Selling:Retirement
KEYWORDS: machining, aerspace, connecticut, manufacturing
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State: Rhode Island
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