Aerospace Defense Medical CNC Machining ISO Certified For Sale

Business description

This ISO 9002 certified machine shop has a lot more certifications. About 45% of their work is for the medical industry and about 30% is for aerospace and defense work. The company is operating on just one shift and has a lot more capacity on its existing equipment. They have a state of the art facility that can accomodate substantially more growth. This is the cleanest machine shop you will ever see and enjoys some of the strongest margins on the work they do. They stay away from easy/low margin work. Other services include assembly, light fabrication, water-jet, welding, powder coating, contract manufacturing, refurbishing, design and proto-type. Sales over the past couple of years have been from the low $2M to mid $3M range with about $800,000 cash flow. This is a retirement sale and the owners are not interested in being the bank for a buyer, but will consider seller financing on a buyer for buyer basis with a substantial equity investment from the buyer. All buyers must sign a confidentiality agreement and provide a financial statement to obtain more info. Principals Only and No Buyer Reps, No Exceptions.

Property information

Location:

Southeast location near major city that is a desirable place to live.

Premises details:

First Class facility with plans in place to add another 40,000 SF as needed, but the current facility has ample room with the current volume of work

Size in square feet:

40,000 SF plus.

Other information

Reasons for selling:

Retirement Sale

Furniture / Fixtures value:

$1,000,000 (included in the asking price)

Inventory / Stock value:

$20,000 (included in the asking price)