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Businesses For Sale   >>   Metals Manufacturing Businesses For Sale

Machine Shop / Aerospace Parts Manufacturer

Location  California,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $726104
Net Profit / Cash Flow  $331268
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1983
Number of Employees  6 - 9
Inventory  281000
Relocatable  Not Disclosed
Number of Employees  6 - 9
Real Estate  Leased
Training  2 weeks at 20 hours per week
Reason for Sale  Seller would like to retire

Description  
Well established full service job shop specializes in metal spinning, deep draw and hydroforming parts and components for the aerospace industry. The Company has grown into a leading job shop and makes its own precision tooling-simple or complex for clients' unique parts. The shop manufacturers to exact specifications, achieves high accuracy and tolerances critical for the aerospace and medical industries, is cost competitive, and offers a quick turn-around time. This is an excellent add-on for a company looking to expand through acquisition. The equipment is currently underutilized and the Company runs a single shift, so there is substantial opportunity for growth as well as maximization of efficiencies. Several of the employees have been with the company for 15+ years. Revenue increased in 2013 over 2012 and there has been a substantial increase in 2014 due to some large contracts which were awarded at the end of 2013. The asking price of $699,000 includes furniture, fixtures, equipment and machinery with a cost basis in excess of $275,000 as well as inventory of $6,000 at cost, and a backlog of orders of approximately $350,000. Call or email now for further information!


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