Asking Price: Not Disclosed Gross Revenue: $4,732,051Cash Flow: $2,110,190 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $14,000 included in asking priceFF&E: $2,731,112 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This company represents an opportunity to acquire a highly profitable, full service CNC machining company through a facilitated sales process. Over the last 2 decades, they have developed an outstanding reputation and proven track record for providing the highest quality parts at the tightest tolerances with a wide variety of materials. This company utilizes the latest technology in CNC milling and turning (3, 4 & 5 axis,) horizontal milling, EDM services and CMM quality control systems. They are fully certified and manufacture precision machined components for the most demanding clientele in the top industries; Defense, Aerospace, Medical, Electronics and Automotive.
About the Business
Number of Employees:
26 FT/1 PT
This company operates in a 23,673 square foot state-of-the-art machining facility. They embrace lean manufacturing and good shop practices (6-S,) and take pride in running a clean, well organized manufacturing facility. The facility is currently under an assumable triple net lease for $15,315 monthly.
Although there is competition in the industry, clients are very loyal to those companies that provide quality components in a timely fashion. This company has proven over the last 2 decades to be responsive, technically creative and consistently accurate. This reputation continues to pay dividends through increased programs and quantities with existing customers and the opportunity to prototype, bid and test into the highest margin future work.
Growth & Expansion:
Due to an outstanding reputation for quality control and timely delivery, this company continues to grow at a rate of 10-15% yearly. This company has previously made substantial investments in machinery, training and personnel in preparation for growth. Currently running at 50-55% capacity based on machine run time and man hours, this excess capacity will allow a new owner to grow substantially without significant capital expenditures.
Current ownership is looking to spend more quality time with family.
Will train for 8 weeks @ $0 cost. This company is AS9100D & ISO/9001:2015 certified, ITAR compliant and DDTC registered facility. Industry wide these certifications are preferred and many times required to work in and with clients in defense, aerospace, medical, electronic and automotive. These certifications are awarded to the company and will be transferred with the ownership.
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
full Terms & Conditions.