Established Machine And Tool Shop

Business Overview:

This highly rated machine shop is conveniently located in central/eastern North Carolina with over 30 years of CNC experience serving virtually every industry and sector.

With over 25 CNC and manual pieces of equipment in production offers high tolerance milling of a wide variety of metals and plastics this business is well positioned for continued growth.

The business offers Swiss and traditional turning, wire EDM and virtually all related metal working such as welding, cutting, deburring, etc. This machine shop can produce everything from a one-off prototype and replacement parts to moderate production runs. Many clients have been with the company long-term, and a component of the business is recurring work. Employees are long-term and highly skilled.

The ~$3,000,000 retail value of excess inventory is customer made to print work. The wholesale price to buyer will be 10% less than retail (wholesale). The made for print inventory at wholesale will be in addition to the purchase price.

This business has decades of experience and has built a reputation of high quality, on-time competitively priced work. Having implemented CNC equipment almost from it's inception the companies capabilities are vast.

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Property Features and Assets:

The business operates from a spacious steel on slab building (17,500 feet) on just under 3 acres. The facility offers plenty of parking and adequate land for expansion. Land and building will be sold at third party bank appraised value anticipated to be between $1,550,000 and $1,750,000.

Market Competition and Expansion:

This company is able to react quickly to customer requirements and has won projects that turn into long term clients. Focus on quality and maintain ISO 9001 compliance. Seller suggests expanding into high volume production for clients to maximize utilization. Shop floor automation and ERP system integration would provide additional efficiencies and production data for management use. The business could also increase sales and revenue by adding a second and/or third shift. A proactive outside sales position could be added.

Reason for Selling:

True Retirement

Additional Details:

Documents:

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