This Business specializes in precision custom machining and engineering. It has been producing tailor-made parts for its customers since 1967. The Business owns a vast amount of equipment, including numerous CNC Mills and Lathes, Surface Grinders, and EDM machines, which represent the primary value of the Business. The Company is being offered as an asset sale, with the complete operating business (Real Estate, equipment, contracts, and other core assets) included within the proposed transaction value. The owners are seeking to sell the Business Assets to pursue retirement and are willing to consider all offers.
- Asking Price:
- $2,000,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,977,422
- Cash Flow:
- Not applicable
Property Information
- Real Estate:
-
Real Property Included
- Location:
-
Mid-Michigan
- Premises Details:
-
The building is almost 21,000 square feet and includes manufacturing space and office space.
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
Growth Opportunities:
(1) Surplus of Cutting-Edge Machines
(2) Attaining Certifications
(3) Leveraging Website
- Competition / Market:
-
Investment Highlights Include:
(1) Innovative Thinking
(2) Customer-Focused Culture
(3) Hands-On Engineering
- Reasons for selling:
-
Ownership is pursuing retirement.
- Employees:
- 14
- Years established:
- 59
Other Information
- Support & training:
-
Ownership is willing to provide reasonable transition assistance.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Limited seller-financing is available for qualified buyers.
- Furniture / Fixtures value:
- $102,254 - included in the asking price
- Inventory / Stock value:
- $410,575 - included in the asking price
- Distressed:
- This business is a turnaround opportunity
