Business Overview:
This manufacturing / machining operation produces high quality parts for the aerospace and industrial equipment industries. The business has and currently enjoys preferred vendor status with a major national aerospace company for the production of specialty parts. This relationship has been in place for years. The current backlog of contracts should provide solid work for the next 5+ years and provided gross sales in excess of $10 million over that period. Founded over 15 years ago by seller, the business began by manufacturing agricultural parts and equipment. A corporate-wide commitment to quality and the small town values of the seller resonate throughout the entire operation. While the entire aerospace industry has been affected by the current economic downturn, the effects on this business have not been as severe as they have been on some.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The business currently utilizes 15,000 square feet of a 60,000 square foot facility.
Market Competition and Expansion:
The business is well established with regional aerospace companies and enjoys preferred status with one of the larger players in the industry. The business is poised for solid growth in the next 5+ years. The past and current relationships have insulated the business from the majority of the economic downturn.
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.