This 35 year old business specializes in work for Boeing, Military/Navy, Healthcare and other industrial related industries. The business is virtually debt free with a tremendous amount of extra capacity for CNC Machining.
Very modern shop with three 5 Axis Mazak's, one 9 axis Okuma, a Laser, a robotic welder, a paint line and many other pieces of equipment. Historically they have also done electro-mechanical assemblies and offered other value add services. Sales have ranged from $3M to $13M over the past 15 years. The owner is elderly and they have not had a salesman in several years - as a result sales have been in the $3M to $5M range lately.
They have a very nice facility with amble room for expansion or assembly with 25,000 SF of their shop having very hi ceilings. There is a preference to also sell the real estate but a lease is possible.
Seller is motivated to sell as his health is declining. The shop has about 30 very skilled employees which are hard to find in todays labor market. This is an excellent fit for another hi end CNC shop in need of additional capacity. This business just needs sales.
Seller is open to all fair and reasonable offers. All buyers must sign an NDA before getting additional information. Principals only. No Buyer Reps. Contact Bill Law at 704-904-6624 or email firstname.lastname@example.org.
William A. Law, CBI
Southern Mergers & Acquisitions, Inc.
255 S. Matanzas Blvd.
St. Augustine, FL 32080
|Listing Number: N789-BL|