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Custom Test Equipment Engineering & Manufacturer Firm

Oakland County, MI, USA
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Businesses For Sale | Industrial & Commercial Machinery Manufactures For Sale

Listing ID : 429685

Posted on May 3, 2024 View Count 227

Price :
$1,800,000
Business Financials & Assets :
Gross Revenue:
$1,469,347
Cash Flow:
$534,378
Year Established:
1999
Inventory Included:
No
Furniture, Fixtures & Equipment (FF&E) Included:
Yes
Property Details :
Business Details :
Number of Employees:
6
Absentee Owner:
No
License Included:
Yes
Real Estate:
Available for Purchase
Rent:
$5,333
Building Size:
4,800 Sq. Ft.
Facility & Tenant Improvements:
Available for purchase: two buildings each 2,400 square feet (asking: $800,000)
Terms :
NDA Required:
Yes
Broker Co-Op:
No
Equipment Specifications :
Company Overview :
Franchise Overview :
Description :

**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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