Precision Machine Shop

$850,000
$1,290,163
$283,163
$600,000
$25,000
$0
1990
9

Description:   This company is a premier machine shop that specializes in CDC machining of manufactured components to customer specifications and is ISO 9001 certified. The company began operations in 1990 and was an instant success and grew rapidly do to their quality workmanship and excellent customer service. The company has a diverse customer base that now includes Fortune 500 manufacturing companies, as well as many other strong regional and local companies. This is a great opportunity for a buyer to expand their current machine shop or step in and run a shop that is a complete turn key operation, with a solid customer base in place. Real estate is to be purchased by the buyer and is valued at $450,000. The above financial data is an average of the last three years.

Facilities:   The company’s manufacturing facility is comprised of 10,000 square feet and the building sits on 3.6 acres of land, leaving ample room for expansion. Real estate is to be purchased by the buyer and is valued at $450,000.

Competition:   There are other machine shops in the area, but this company’s reputation for its highest quality precision work and outstanding customer service has enabled it to be a market leader.

Growth/Expansion:   Current machines and facility allow for an increase of over 300% in production. The company does not currently have a sales force and relies mainly on recurring customers and word of mouth for new business. The addition of a sales force and formal marketing program could greatly add to the company’s customer base and significantly increase its revenue and cash flow.

Support/Training:   Training will be provided by the owner.

Contact Information:

Contact:   Tim Martin

Phone:   919 861 8987

Email:   tmartin@empirebizbroker.com