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Growing, Profitable Precision Machine Shop

This business will appeal to either an individual or another machine shop seeking acquire a Northeast small to mid sized machine shop. It has excellent contracts in place to insure future revenues and is positioning itself to grow after the quality assurance certifications and addition of a synergistic manufacturing division. Roughly half of its annual revenues are already contracted. Its strength lies in the high quality staff it has attracted and retained. Profitability is considered very good suggesting that bids are well managed while remaining competitive. New equipment has been consistently added to keep the business as a state of the art shop. The outlook for the industry is still very good. The customer base that the company serves is strong and their requirements for outsourced parts are expected to remain strong. This business is attractively priced based on equipment , performance and upside potential. The price includes all equipment and inventory. The seller is seeking retirement after thirty years in the business and is looking for a high quality buyer to replace him as owner.