Business Overview:
Since their inception in 1991, this company has been serving clients in the Mid-South region by utilizing state-of-the-art equipment to provide its customers with a vast array of custom machining services. These include Computer Numerical Controlled (CNC) Milling, Computer Numerical Controlled (CNC) Turning, Wire Electrical Discharge Machining (WEDM), Product Design and Engineering and Patent Prototyping. They machine stainless steel alloys, titanium, brass, cobalt/chrome, carbon steel, heat/treated steels, aluminum alloys, plastics, urethane, carbon fiber and phenolic materials.
They have over 100-years of combined experience to provide the highest quality product possible from their highly skilled and dedicated employees. They offer state-of-the-art equipment and manufacturing processes for their customers. They have an excellent research & development program. This enables them to provide the highest standards of service possible.
This company averaged $1.1M in revenue over the last 3 years and is projected to outpace that in 2020. Seller discretionary earnings in the last 12 months is $550,000. This company has operated based on word of mouth referrals and its longevity in the marketplace. It’s current structure is with an owner operator. This structure could continue, or there is an opportunity to run this company with a General Manager via Part Time Manager Owner or Investment Owner.
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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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