ASTRO: $7.5M Revenue, $1.6MM EBITDA Precision CNC/EDM Business

Asking PriceNot Disclosed

Cash Flow

EBITDANot Disclosed

Gross Revenue$7,500,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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ASTRO: $7.5M Revenue, $1.6MM EBITDA Precision CNC/EDM Business


Asking PriceNot Disclosed

Cash Flow

EBITDANot Disclosed

Gross Revenue$7,500,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
ASTRO, a Southeast based complex part CNC and EDM machining business, holding AS9100D and ISO 9001:2015 certifications will make a great addition to strategic buyers; or financial buyers seeking a small platform in the SE. The Company enjoys great margins and specializes at low to mid-volume production (80%+ of sales). The remaining business supports customers with prototypes for what will often become future production parts. ASTRO serves a diverse set of industries including medical, aerospace, semiconductor, robotics, electronics, and more. The Company also excels at manufacturing components from a wide variety of metals including Stainless, Molybdenum, and Tungsten.


In business since the early 80s, ASTRO’s customers also include large companies, universities, and research organizations. Family Office Ownership is absentee. The owners enjoy a strong management team. They worked with them to transition the company from purely prototype to production parts over the last 10 years. They’ve also worked through transitioning the work force from older prototype machinists to younger production machinists. ASTRO employs 20 team members, 14 of which are machinists with an average age in the 40’s.

ASTRO presents a great opportunity for a strategic buyer looking to consolidate its presence or enter a growing market. Finally, the business excels at complex yet highly automated precision machining, where they’ve adopted exceptional palletizing capabilities to drive lights-out machining.
About the Business
Facilities & Assets
In 2022, to support growth, ASTRO added 4,100 square feet to accommodate new CNC machines and materials storage. The total square footage is now 21,703, and there is still room to grow on their 2.4-acre property. The company invested heavily in new equipment over the last 5 years. Buyers will find the equipment package quite current and capable.
Market Outlook / Competition
ASTRO operates in a large metropolitan area with strong technology and a healthcare-oriented region with ample opportunities to grow with existing customers and new accounts. They are highly recommended for their ability to make high quality, complex parts or manufacture hard-to-machine materials.
Listing Info
ID
2447500
Listing Views
Attached DocumentsAttachment Disclaimer

ASTRO_NDA.pdf


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Business Listed by: Ginger Dean Business Acquisition & Merger Associates

Listing ID: 2447500 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 of Use. Learn how to avoid scams.


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