Aerospace Technology Machine Products Business

Not Disclosed, IN

Northern Indiana


Asking Price: Annual Revenue:
Not Disclosed $5,848,295

Manufacturing: Machinery


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RE: Aerospace Technology Machine Products Business Broker: Max Friar
Owner Financing is Available!
Limited Seller-Financing Available for Qualified Buyers.

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $5,848,295
Net Profit: Not Disclosed
Cash Flow: $924,812
Total Debt: Not Disclosed
FF&E: $2,000,000
Real Estate: $1,100,000
Year Established: 1962
Employees: 48
BBN Listing #: 566145079
Broker Reference #: 136

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Business Overview:

This opportunity is a precision machine products business that produces specialty components for the aerospace industry. The Company produces parts used in aircraft turbine engines, landing gear assemblies, and door latches with an approximately equal split of sales being for commercial and military aircraft. The Company employs a loyal workforce of 48 employees with an average tenure of 11+ years. The Company is a long-standing approved vendor for one of the world’s leading manufacturers of aircraft; this manufacturer represents a majority of the Company’s sales through long-term contracts.

The Company is ISO 9001:2015 and AS9100D Certified to ensure all components produced are up to the highest aerospace quality standards. Due the Company’s exceptional quality management and skilled workforce, the Company can complete most of its work in-house with the small exception of some parts that require specialty processes such as heat treating, non-destructive testing, and plating. This makes the Company a crucial step in the supply chain of its large customer. In the last seven years the Company has needed to make extensive investments into its equipment base to be able to satisfy ever growing customer demand.

The Company was founded in the 1960s by the previous owners (2 owners) and was acquired by the current owners (2 owners) upon the previous owners’ deaths. The two current owners are husband and wife; the husband is actively involved in the Business (an average of 16.6 hours per week) and the wife has no involvement in the Business. The Company boasts a workforce of 7 salaried employees with average tenure of over 30 years and 41 hourly employees with an average tenure of over 8 years. All the day-to-day operations of the Business are handled by the current General Manager who expects to stay on after the sale of the Business along with the rest of the employees. The owners desire to transition into retirement. They are willing to negotiate staying on part-time post-transaction to assist in the training of and transition into new management.

The Company operates out of a 26,000 square foot facility that features three exterior loading docks. The owner is flexible as to a lease or purchase of the real estate with the sale of the Business.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency. In addition, you will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the email cannot be found, please email us and request a PDF version.

Once we receive your NDA and answers to some basic questions, the Confidential Information Memorandum (CIM) will be sent to you by the project manager.

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Property Features and Assets:

The Company operates out of a single facility. The facility is 26,000 square feet, with a ceiling height of 16 feet. The facility is equipped with three exterior loading docks. The facility is in excellent condition and was built in 1975.

Market Competition and Expansion:

Investment Highlights Include: (1) Exceptional Quality Management – The Company is ISO 9001:2015 and AS9100D certified. These certifications give the Company an assumed reputation of quality and precision to customers in the Aerospace Industry. (2) Long-Standing Customer Relationships – The Company has had a relationship with its largest customer for over 50 years. The Company has many customers that provide repeat sales every year that keep the Company growing into the future. (3) Loyal Employee Base – The Company has 48 loyal and skilled employees. Salaried employees have an average tenure with the Company of over 30 years, and hourly employees have an average tenure with the Company of more than 8 years. Growth Opportunities Include: (1) Increase Marketing Efforts – The Company has grown over the years through long-standing relationships and its exceptional reputation. As a result, the Company has not needed to invest in significant marketing efforts, but an increase in advertising and the addition of sales personnel could help the Company grow more into the future. (2) Website Optimization – The Company’s website has room for improvement in terms of describing the services the Company offers and search engine optimization. These improvements could help the Company gain a significant online presence that could drive in more customers.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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