ESTABLISHED CNC MACHINE SHOP - PRECISION MANUFACTURING OPERATION

This well-established precision machining operation has served industrial clients throughout New England since 1979, maintaining consistent profitability and operational excellence for over four decades. The company operates as an S corporation from a 2,400 square foot leased facility in Coventry, Rhode Island, with supplemental storage capacity.

OPERATIONAL CAPABILITIES
The facility provides comprehensive CNC milling and turning services for both prototype and production applications. Manufacturing capabilities encompass multiple materials including low-carbon steel, stainless steel, aluminum, brass, bronze, copper, and engineered plastics. Core equipment assets include multiple super-speed vertical machining centers with 5-axis capability, compact vertical machining centers, chuckers, and modern turning centers enabling complex, tight-tolerance component production.

Secondary operations include drilling, tapping, deburring, and basic finishing services. Quality assurance is maintained through in-house CMM inspection capabilities and formal inspection reporting protocols meeting stringent customer documentation requirements. CAD/CAM programming capabilities support efficient job setup and execution.

MARKET POSITION
The customer base spans diversified industrial sectors: 10% aerospace, 20% defense, and 70% general manufacturing. The company maintains established relationships with regional OEMs, component manufacturers, and industrial firms, with work primarily distributed throughout New England and select specialized accounts nationwide. Customer retention remains high due to consistent quality standards, technical competence, and reliable delivery performance.

FINANCIAL PERFORMANCE
Normalized revenues over the past five fiscal years have ranged from $970,000 to $1,450,000, with the most recent full year generating approximately $1,250,000 in sales. Normalized seller's discretionary earnings have ranged from $289,000 to $563,000, with current year earnings of approximately $340,000. Gross margins consistently outperform published industry benchmarks, with cost of sales maintained in the low double digits as a percentage of revenue. Inventory valued at approximately $97,000 at cost is included in the transaction.

This acquisition opportunity suits experienced manufacturing professionals seeking a profitable, relationship-driven precision machining operation with established market position, modern equipment assets, and demonstrated cash flow generation.