Precision CNC Machine Shop-Fifteen CNC Machines

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Asking Price:
$1,250,000

Gross Revenue:
$1,937,589
Cash Flow:
$312,459
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$135,000
included in asking price

FF&E:
$910,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Twenty five years of operation. High quality CNC milling and CNC turning. Fifteen employees. Detailed equipment list including Haas, Mori Seki. Major materials processed include aluminum, stainless, Ti, and various performance plastics. Unusually strong inspection capabilities for a company this size. Major end markets are technology and consumer.

Three owners positioning for retirement. Real estate also available (multiple tenants).

Who should buy this business?

A. Strategic buyer seeking additional capacity.

B. Defense related CNC business who wants to add non-defense business legs.

C. Out of state buyer targeting a base in strong Rhode Island manufacturing economy.

Asking price is $1,250,000 plus four percent commission on to-be-released new programs (can provide detailed list) which potentially can add $500,000 to $1 million or more revenues annually.

Lender to business wants to work with interested parties.

Asset base very strong.

Good quality financial statements.

About the Business

Year Established:
1988
Number of Employees:
15
Real Estate:
Owned
Building Sq. Ft.:
25,000
Facilities:
Two story L shaped building. Large glass windows on front exterior. Over fifty parking spaces.
Market Outlook/
Competition:
Similar CNC based business models generally focused on defense and lacking this levelof inspection capabilities.
Growth & Expansion:
Add new business legs.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Two weeks. Then one or more owners willing to consult subject to any lender approval.

Listing Info

ID:
1495230
Ad Detail Views:
1385

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Business Listed by

Robert Flynn

United Brokers Group LLC

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