Listing ID : 429685
Broker ID : 2732
Listed On May 3, 2024 238
Listing Updated January 23, 2025
Listing Highlights :
**Proof of funds, Confidentiality Agreement, and Seller Approval are required to disclose any additional information**
Our firm is proud to present this long-established custom test equipment engineering and manufacturing firm. Established since 1999, it has a large client base of over 40 long-term customers. With a dedicated team of highly skilled engineers, technicians, and assembly personnel, this business delivers full-service solutions. Specializing in the design and manufacturing of Custom Test Stands, Automation, and Control Systems, it caters to Automotive and Industrial applications.
The owner maintains meticulous records, ensuring detailed documentation of the majority of their projects. Fully equipped with the necessary tools and equipment, this business is prepared to handle any jobs assigned by customers. Situated in the Oakland County area, the real estate is included in the $2.6 million package. The property spans about 2 acres, housing two buildings. One serves as offices with a small workshop, while the other building accommodates a larger workshop where machines/equipment is built.
We are presenting the three-year average sales and cash flow instead of focusing on the 2023 numbers because a large customer paid for a substantial machine upon ordering, rather than upon delivery. Consequently, there was a noticeable spike in gross sales in 2022, even though parts of the engineering/manufacturing work spilled into the middle of the 2023 year.
The business conducts all its engineering and manufacturing in-house, and provides regular service, calibration, and maintenance of equipment at customers’ facilities. Engineers collaborate closely with the manufacturing department to ensure high-quality products tailored to customer needs, delivered promptly. The owner is committed to providing post-closing training for a seamless transition.
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