Business Overview:
The Business for sale is a highly profitable specialist firm that expertly machines a wide variety of metal parts ranging from specialty rebuilt items to parts needed by original equipment manufacturers. This Company is a privately owned and operated state-of-the-art precision machine shop. Most of this Company’s clients do business within the oil and oil service industry. High tolerance metalworking involving exotic metals, often using advanced precision heavy machinery, make up the bulk of this Company’s revenue. Management is committed to complete customer satisfaction and is dedicated to delivering the highest possible quality standards within its production processes.
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:
Single location with 15,000 square feet of manufacturing space on 2.0 acres of land. Facilities (building and property) are for sale or lease in this transaction.
Market Competition and Expansion:
As a testament to the stability of its business, this Company’s management has navigated the challenges of the last 18 months extremely well and its future looks bright. This Company expects to leverage its highly regarded industry reputation to enhance and expand its already significant position in its unique marketplace.
Possible engines for growth include the following:
• Expansion of the Company’s active operating area
• Hiring of additional sales staff to capitalize on the expected domestic economic recovery
• Expansion of its marketing efforts to include website completion and closer ties with all current and past customers
• Introduce a second shift of highly skilled machinists to accommodate expansion efforts and the resulting additional order flow
• Add computerized numerical control (CNC) machines to its inventory of advanced close tolerance heavy machinery to expand its specialized metalworking service offerings
According to First Research, the fortunes of machine shop industry are expected to improve during the next five years, following the difficulty of the last two years. During the five years to 2015, First Research expects industry revenue to increase 6 percent annually as the economy improves and demand for machinery and equipment lifts
Reason for Selling:
Retirement plus diversification of owner’s persona
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.
Resources: