Business For Sale Listing 155323
Cnc Machining, CAD/CAM Design, High-Tech Engineeri
Status as of Nov-22-2008 at 05:59 PM: Active
Business Summary
Don't pass up this unique opportunity to purchase a well-established, high growth manufacturing company. This company is a superior preferred supplier for both commercial and federal government agencies. The owner desires to semi-retire and is searching for a new owner that can take this company to the next level.
Tangible assets include:
$15 million in secured government production contracts
$1.4 million of CNC machinery (up to 5 axis) and other equipment
$100,000 of inventory
Facilities consist of 13,300 SF of industrial space in a free-standing building. Rent is $12,750. Lease ends July 2009. There is plenty of space for growth. If desired, this is a transportable business.
Established in 2000, this successful ISO 9001:2000 certified & AS9100 compliant, precision CNC machine shop manufactures specialty parts for the defense, aerospace, electronic, and medical industries.
Sales are primarily derived from winning bids for DOD government contracts and word of mouth for commercial work. It currently has approximately $15 million in secured production contracts. These contracts are typically over a 5-year schedule but early delivery is permitted. Production and sales could be dramatically accelerated with an influx of capital for either purchase of equipment or outsourcing some of the work to strategic companies.
The business also provides complete in-house CAD/CAM Engineering, Design, Prototype and Product development Services, with 5 axis programming capability.
The shop is currently operating on a 24 hour schedule Monday through Friday, and from 8 am to midnight on Saturday and Sunday. Production work is performed by a programming machinist, 5 general machinists, and an assembler all working full-time. Administrative personnel include a full-time office manager, part-time bookkeeper and a part-time QA manager working as an independent contractor.
Categories
Industry
Location
Financials
| Sales: |
Between $1 Million And $2.5 Million ($1,487,537) |
| Profits: |
Between $500 Thousand and $1 Million ($631,146) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Asking Price: |
Between $2.5 Million and $5 Million ($5,000,000) |
