Business Summary:
In business since 1995, this precision machine shop specializes in aerospace work and has been thriving in this difficult economy. The firm performs a variety of machine processes, but they have established a niche in undertaking large turning work with very tight tolerances. Over the past ten years, they have built a reputation as a vendor that delivers superior quality work, on time. As a consequence, the firm is actually declining work from new clients to ensure they can meet the production needs of their existing customers. 2009 is forecasted to see an increase in sales from 2008. The firm has invested heavily in the latest in CNC turning machinery and programing technology which has allowed them to support a demanding set of aerospace clients while growing the business at very high levels of profitability. They have superior inspection equipment and maintain annual certifications for all of it. Owner and founder is seeking to retire, but will stay on for at least a year to ensure a smooth transition for the new ownership or managment team that purchases the firm.
|
|
|
| |
|
| Year
Business was Established: 1995 |
| |
|
| Number of Employees:
6FT/1PT |
|
| |
|
| Facilities / Terms of Lease:
9000 sq. ft facility, single story with good dock access. Favorable lease that will be re-negotiated at time for new owner |
|
| |
|
| Potential
Growth/Expansion:
Their reputation is such that there is more work available than they can support. This will provide new owners with growth opportunities if so desired. |
|
| |
|
| Competition:
The company has established a niche in providing large, precision turning work for the aerospace industry. They are turning away work from new clients in order to support existing clients. |
|
| |
|
| Owner
willing to finance:
Negotiable |
|
| |
|
| Owner
willing to train:
Owner will stay on as a consultant for an extended period of time to ensure smooth transition. |
|
| |
|
| Reason for selling:
Retirement |
|
| |
|
Seller Reference Number: 41980035
BusinessMart.com Listing Number: 61602 |
|
|
To request more information
on this business
please fill out the form shown right 
|
