Business for Sale Overview:
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 forecast 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 management team that purchases the firm.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
9,000 square feet facility, single story with good dock access. Favorable lease that will be re-negotiated at time for new owner.
Market Competition and Expansion:
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.
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.
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.