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Midwest Gunsmith Equipment Manufacturer For Sale

Michigan
Asking Price:
$2,200,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,341,950
Cash Flow:
$350,706

The Company is a leading manufacturer of high precision cutting tools, gauges and other components related to gunsmithing. The Company operates from a 6,000-square foot facility that it leases from a third party. The Company provides high precision CNC components and gauges exclusively for the firearms industry. The Company offers a wide range of products and services including, but not limited to: standard finishers/rougher, headspace gauges, accessories and other cutting tools, specialized piloted cutters, receiver truing tooling, muzzle crown re-facing tool kits, military rifle, muzzle re-crowning tool kits, shotgun tooling and more. The Company has nine nonunion employees with an average length of service of 5 years. In 2016, the Company generated $1.34m with adjusted EBITDA of $286k.
Consistent profitability - Gun industry specialist - Includes: $972k equipment/vehicles and $50k Inventory - 9 non-union employees - Service radius: International – 15%, National – 75+%, Local-regional – 8 to 10% - Only one customer accounts for greater than 20% of sales - Owner willing to remain for transition period.

Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

Approaching retirement

Trading hours:

Monday-Friday 7:30-4:30

Employees:
6
Years established:
1998

Other Information

Support & training:

Due to technical nature, and conventions, the owner is available for extended transitioning.

Furniture / Fixtures value:
$972,000 - included in the asking price
Inventory / Stock value:
$50,000 - included in the asking price

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