Machining & Fabricator with ISO & AS Qualificat...

Charlotte, NC
Mecklenburg County


Asking Price: Annual Revenue:
$10,000,000 Not Disclosed

Manufacturing: Machinery


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RE: Machining & Fabricator with ISO & AS Qualificat... Broker: Bill Law

Quick Facts

Asking Price: $10,000,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: ON REQUEST
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 703538766
Broker Reference #: CHARLNC001-N789

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Business Overview:

The owner of this business is looking for the right company to merge with. The owner is elderly and has several second generation family members in the business that want to continue working for a new owner. The Seller is focused on finding a Buyer with the right culture and mix of business and can utilize their $5 Million facility comprised of about 80,000 SF total with tall ceilings and heavy cranes. The facility is under utilized and has about $2M in machining and $2M in fabrication work now, but have peaked as hi as $13M a decade ago. Industries served include Aerospace, Medical, Military, Transportation, Commercial, etc. The customer base has a wide mix and does not rely on a major customer. However, more sales need to be brought into the company. They have very hi end equipment (Mazak, Mori Seike, Okuma, HAAS) including 9 axis capability, large CNC's, (Trumpf) laser cutting, plasma, welding, assembly. Seller wishes to review info on the Buyer's Company prior to identifying them as they wish to remain confidential until they determine there may be a fit. There is no formal asking price but the Seller prefers to sell the business and real estate together and is likely to be in the $10 Million range for a deal. Principals Only, No Brokers, No Financial Buyers, No Exceptions - Strategic Buyers Only Please.

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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.

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