This opportunity has been sold and is no longer available.
Looking for a profitable CNC Machining Business for Sale? Established over 15 years ago, the Company is a market leader in fast turnaround 2 through 5-axis machining for a diversified base of customers. Since inception the owner has worked with diligence to build the Company’s infrastructure, maintaining excess capacity to allow for continued growth. The Company’s base now consists of $2MM+ worth of modern CNC machinery. At an estimated 25% of capacity, the Company is poised for rapid expansion under the direction of a well-capitalized Acquirer seeking additional capacity and an experienced, competent team.
The present owner and founder of the Company desires to see it thrive under new ownership; in this respect he is flexible regarding his transition. He is willing to remain with the business with partial equity as an active team member, or he will exit gracefully giving a reasonable transition and good faith endorsement of the buyer to present employees and customers.
Ownership is interested in selling largely for two reasons: 1) the growing administrative and financial management of the business is not aligned with his energy; and 2) he has other business and personal interests that he is presently not able to devote sufficient time to.
Financial Summary:
Trailing Twelve Months Sales Sept. 2015: $1,978,728
Trailing Twelve Months ODEÂ Sept. 2015: $572,477
Investment Highlights:
- Currently at only 25% capacity with the ample space and machinery available, the Company can tackle any job within a short period of time.
- Current ownership has over a year of investing energy in customer diversification and establishing a capable management team to allow a smooth transition to new ownership. 50% of the Company’s sales are evenly distributed among its top 5 long-term customers.
- The Company consistently serves the Office Furniture, Automotive, Medical, Automation, and Heavy Truck industries, and has recently delved into the aerospace with products ranging from prototype components to low volume production machining to the design and build of production tooling and production machining fixtures.
- Excellent reputation for quality and customer service.
- $2MM+ installed base of high tech equipment.
- The Company is presently installing a third 5-axis CNC machine.
Growth Opportunities:
- Ownership is not investing in sales/marketing beyond the recent addition of an independent sales representative.
- Locating work that would encompass a process from design to production could be quite lucrative for the Company.
- A larger acquirer seeking to bring R&D in-house or reduce/eliminate outsourcing could immediately benefit from an acquisition of this Company
- Additional low volume production milling and turning would allow much more consistent equipment utilization.
- Adding a second and/or weekend shift could triple throughput.
- 5-axis machining is hot; this Company is ahead of the industry in 5-axis capacity!
Please inquire below for access to a complete Offering Memorandum and Financial Addendum:
Interested parties must demonstrate proof of financial capability, sign a Non-Disclosure Agreement, and have a brief introductory phone call with a broker. Inquire today about this fantastic CNC Machining Business for Sale!