Southland Aerospace And Machine Shop For Sale

Business description

For sale is a Los Angeles based aerospace machine shop. If you are looking for a medium sized professionally run operation that is growing like crazy and making big money, then you've come to the right place. This ISO 9001-2000 shop has grown from under $2,000,000 in sales just a few years ago to being on tract to push $7,000,000 this year. The past three years have seen a major diversification in client concentration. The current mix is about 40% medical, 30% aerospace, and the balance in about three or four other industries. Cash flow is strong as all customers are busy and pay well. The margins here are good and the customers are not inclined to push on price. This is a very clean operation with key people in place and a managing owner who is willing to stay on for a period to ensure a smooth transition. The company is set up as a lean manufacturing facility and has lots of repeat business. Growth is a product of the culture here which is one of quality and delivery. Four new customers have been added this year as a result of referral. This is not a retirement sale! Ownership is improving this business on almost a daily basis and investment is ongoing. The business is running three shifts and is reaching physical capacity. The next step in growth will require a commitment to additional space and the current ownership structure can not resolve this issue.

Property information

Real Estate:

Lease

Other information

Support & training:

Seller will train

Reasons for selling:

Retirement

Trading hours:

M-F 3 Full Shifts

Financing available:

call

Furniture / Fixtures value:

$700,000

Inventory / Stock value:

$5,000

Contact the seller