Business Listing

Business
Precision CNC Machining Business - SOLD
This outstanding 40+ year old manufacturing/machining business continues to grow and flourish due to a combination of a remarkable group of 40 employees, an outstanding customer base, and a plethora of excellent 3-5 axis milling and turning equipment.

Located in a 50,000 square foot air-conditioned facility in Southern Michigan, the real estate (with an estimated $2.8 million market value) may be leased or purchased.

The company serves a variety of industries including oil & gas, aviation, defense, aerospace, medical, commercial, heavy truck, automotive, and entertainment, to name several. The company specializes in running both low volume, high margin products, and custom designed products such as prototypes, jigs, fixtures, replacement machine parts, and the design/build of special tooling, machinery, and assembly aids.

The 40 highly skilled, and dedicated employees include machinists, engineers, designers, quality control, and sales personnel, all working a single shift operation. Over the years, the company has weathered many challenging business cycles while continuing to prosper due to regular investments in both modern equipment and staff development. This has resulted in a very productive, mature, and valuable staff, with very little employee turn-over.

In 2020 the company was able to take advantage of its vast resources to produce a record number of assemblies primarily from in-house machined parts. These assemblies were critically needed for the medical industry and were produced in record time which resulted in a win-win for the company, customers, and end users. In 2020, the business impressively recorded $2.5 million of EBITDA on revenues of $9.8 million. In 2018 and 2019, which were more typical years, the company recorded $6.0 million revenue and approximately $1.0 million of EBITDA each year.

The company has vendor codes for its major customers which is required for most automotive, aviation, commercial, and defense work. The company is ISO 9001–2015 and AS9100D certified.

The owner/founder is ready to retire post-close and after orchestrating a seamless transition to new ownership. For more information on this outstanding business opportunity, please contact Glen Toadvine at glen@mwbusinessadvisors.com.
Industry
Manufacturing
Segment
Manufacturing - Tools
Asking Price
0.00
Ref ID
Established
0
# of Employees
0
Full Time Employees
49
Part Time Employees
0
Gross Revenue
9.00
Cash Flow Type
EBITDA
Cash Flow
2.00
Other Value
0.00
FF&E
0.00
AP/AR
0.00
Real Estate in Asking
Inventory in Asking
Inventory
Equipment
Real Estate
Facilities
Broker/Seller