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Established Machine and Tool Shop

North Carolina, USA
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Businesses For Sale | Industrial & Commercial Machinery Manufactures For Sale

Listing ID : 429886

Posted on May 18, 2024 View Count 16

Price :
$2,200,000
Business Financials & Assets :
Gross Revenue:
$2,094,953
EBITDA:
$342,561
Year Established:
1990
Estimated Value of Inventory:
$3,520,000
Description of Inventory Included:
MTP inventory has a retail value of ~$3,300,000 with an additional $220,000 of raw materials.
Furniture, Fixtures & Equipment (FF&E) Included:
Yes
Estimated Value of FF&E:
$1,723,945
Property Details :
Business Details :
Number of Employees:
17
Absentee Owner:
No
Business Can Be Moved:
No
Real Estate:
Available for Purchase
Competition:
This company is able to react quickly to customer requirements and has won projects that turn into long term clients. Focus on quality and maintain ISO 9001 compliance.
Growth and Expansion Opportunities:
Seller suggests expanding into high volume production for clients to maximize utilization. Shop floor automation and ERP system integration would provide additional efficiencies and production data for management use. The business could also increase sales and revenue by adding a second and/or third shift. A proactive outside sales position could be added.
Terms :
NDA Required:
Yes
Financing:
Seller may provide a portion of financing to qualified buyer.
Support & Training Offered:
Seller will provide 80 hours of transition support at no additional cost. Incremental training/transition assistance can be negotiated.
Reason for Selling:
True Retirement
Equipment Specifications :
Company Overview :
Franchise Overview :
Description :

This highly rated machine shop is conveniently located in central/eastern North Carolina with over 30 years of CNC experience serving virtually every industry and sector.

With over 25 CNC and manual pieces of equipment in production offers high tolerance milling of a wide variety of metals and plastics this business is well positioned for continued growth.

The business offers Swiss and traditional turning, wire EDM and virtually all related metal working such as welding, cutting, deburring, etc. This machine shop can produce everything from a one-off prototype and replacement parts to moderate production runs. Many clients have been with the company long-term, and a component of the business is recurring work. Employees are long-term and highly skilled.

The ~$3,000,000 retail value of excess inventory is customer made-to-print (M2P) work. The wholesale price to buyer will be 10% less than retail (wholesale). Approximately 50% of M2P is contractually obligated. Seller estimates that virtually 100% of M2P inventory turns annually. The made-to-print inventory at wholesale will be in addition to the purchase price.

This business has decades of experience and has built a reputation of high-quality, on-time, competitively priced work. Having implemented CNC equipment almost from its inception, the company’s capabilities are vast.

Passive Mobile Pet Grooming Franchise Re-Sale! Turn Key & Operating! 50% Seller Financing Avaliable!
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