Precision Machining & Industrial Plating Firm For Sale

Business description

The March Group, LLC currently represents a well-established and highly profitable ISO 9002-compliant precision machine shop providing engineering, prototyping and production of machined components and fabricated assemblies, as well as industrial plating and coating services. Specializing in pre-production runs of both low and high volume CNC machined parts and fabricated components (75% of revenue), with an average order size ranging between 20 and 100 units. In-house plating shop allows the Company to offer quicker turnaround on high quality, competitively priced services; at 20% of revenue, this area of the business has the potential for significant expansion. A well-established client base of OEMs is engaged in the manufacture of high tech products including precision measuring devices, optical equipment, lasers, telescopes, and robotic assemblies. Late-model machine shop includes 12 CNC mills, 4 CNC lathes, 4 manual mills, 3 manual lathes and various other fabrication and welding equipment. Between 2005 and 2007, revenue averaged $2.14 million and EBITDA averaged $652,000, which represents an average historical EBITDA margin of greater than 30%. Middle management team in place to assist in the Company’s pursuit of future growth.

Property information

Real Estate:

Lease

Location:

Leases a 6,000 sq. ft. machine shop and 3,000 sq. ft facility for the plating operation.

Other information

Expansion potential:

The Company’s services and capabilities have broad market appeal, with possible applications for a diverse assortment of industries. As the most comprehensive and consistent machine shop in the region, the Company has grown to current levels solely through referral and repeat business. An investor interested in growth opportunities would find this company to be an excellent candidate.

Support & training:

Middle management team in place to assist in the Company’s pursuit of future growth. Principal will provide whatever transition support necessary.