Well established manufacturer of precision bushings and other tooling components serving the aerospace and automotive industries. In addition to the business price listed above, the industrial property (approx. 38,500 sq. ft. on 1.5 acre lot) located in southeast Los Angeles County with easy freeway access is also for sale and only offers for both the business and property will be considered.

The company has had revenues ranging from $6.65M to $7.78M for the past five years. However, the founder passed away in 2014 and the business has been without an operating owner/manager ever since. There has been an operations manager during that time but he is strictly operations oriented. As a result, the business has operated at a loss the last several years and is in need of active ownership management to manage operating costs, capital investments to modernize operations and make strategic business decisions. The family estate hopes that a new owner will continue the company legacy and they have discounted the price of the business and assets significantly. Therefore, this business is a great opportunity to acquire a well known company with a solid customer and revenue base at a minimal cost.

Additionally, the acquisition of the business and property provides a great opportunity to acquire a blue chip customer base while on-shoring manufacturing of metal parts that are not subject to tariffs. Products include drill bushings, bushing guides, and numerous other tooling components. Products also include custom and standard tooling kits for aerospace and automotive retrofit and repair markets.

The 38,500 sq. ft. light industrial property on a 1.5 acre lot is for sale for $9.5M. The property is strategically located in a light industrial area of Los Angeles County that provides easy access to the Los Angeles and Long Beach Ports and all of Southern California.