Description 50% NET MARGINS - CNC MACHINE SHOP FOR OIL & GAS, AEROSPACE & MEDICAL
This company has been in business for 50 years and is being managed by the second generation. They make precision machined parts for a handful of customers in the oil & gas, aerospace, and medical equipment industries. The machines can perform a variety of 3 axis, 4 axis, and 5 axis work in stainless steel as well as exotic metals. The owner focuses on operations and administration to the detriment of sales and marketing. The business is working at 100% capacity but there is the possibility to double the footprint. The owner has organized the business in such a way that it is highly profitable and that any buyer should be able to continue.