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High Quality Precision Machine Shop for sale in Southeast, MI

Southeast, Michigan (MI)

Asking Price: Gross: Cash Flow:
$ 690,000 $ 1,268,002 $ 117,862

Furniture and Fixtures Value:
$ 600,000 (included in the asking price)

Inventory Value:
(included in the asking price)

Business Summary:
For many decades, this second-generation company specializes in the CNC machining of stainless steel, aluminum, brass, bronze, plastics, and a wide array of alloy, tool, and high-speed steels. Additionally, the shop handles many forms of grinding, ranging from ID, OD, Surface and Blanchard. Equipment includes both, manual & CNC Mills and Lathes, including 8 Fadals and 4 Harding-Bridgeports of various sizes to do most any size part. The company built an excellent reputation in the industry and prides itself on being able to handle tough jobs and complete almost all aspects of the job in-house allowing for better quality control, which has always been the main focus. Currently the company focusing in prototyping and small run jobs for solid customer base across variety of industries including food processing industry (primarily dairy), defense, and automotive. However, higher quantities are well within shopís capabilities. The shop is consistently staying on the cutting edge of technology allowing it to remain competitive in the industry. All machinery and tools included with the sale and valued at over $700K. Strong knowledgeable team is dedicated to quality work, on-time delivery and possesses experience and expertise to complete complex jobs. The company is ISO 9001:2008 certified. Real estate is valued at $700K and is available for sale, if the buyer desires. The owners are willing to stay in consulting capacity for mutually agreed period, if needed. Excellent opportunity for an individual investor or strategic acquirer looking to gain market share, excellent team and solid customer base. More information is available with signed NDA.

 

   
Year Business was Established: 1955
   
Number of Employees: 14  
   
Facilities / Terms of Lease: The shop operates out of modern, temperature controlled, 13,000 square foot facility sitting on 1.65 acres located in Southeast Michigan in an industrial area with close access to freeways and 15 minutes from Detroit Metro Airport. The real estate is owned by the sellerís related entity and is available for sale or lease.  
   
Potential Growth/Expansion: The business gets the clientele mainly through the word of mouth, no formal marketing campaign in place.  
   
Competition: Proven track record, superb reputation in the industry and excellent customer service gives this company advantage over its competition.  
   
Owner willing to finance: Negotiable. SBA Loan is available for a qualified buyer.  
   
Owner willing to train: Seller will be sure to provide all the training necessary to ensure smooth transition.  
   
Reason for selling: After many years of running the business, the owners are ready to retire.  
   
Seller Reference Number: MI030920
BusinessMart.com Listing Number: 254078
 

 

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For more info contact:

Tanya Popov

Inix Consulting and Brokerage, LLC
248-727-2789

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