Listing ID : 429886
Listed On May 18, 2024 24
Listing Updated August 18, 2024
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.
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