Non-Destructive Testing Facility For Aerospace

Business Overview:

This business was established in 1992 and has emerged as a premier Non-Destructive Testing (NDT) facility serving the dynamic needs of the Commercial Aerospace Industry. With a steadfast commitment to excellence, competitive pricing, and unparalleled customer service, this company has solidified its reputation as a trusted partner in the aerospace community. From its humble beginnings, they have adhered to a robust business model centered around customer satisfaction, fair pricing, and prompt delivery. This ethos has not only fostered unwavering customer loyalty but has also facilitated substantial growth and market recognition. Celebrating 30 years of operation in 2022, the company's enduring reputation for reliability and integrity has been instrumental in sustaining its success. The company's longstanding clients, some spanning the entire three-decade journey, attest to the exceptional service and quality delivered consistently. This client-centric focus has not only resulted in enduring partnerships but has also enabled them to secure prime approvals and certifications essential for performing critical NDT services. Behind the company's sterling reputation lies a dedicated team of experienced professionals, many of whom have been integral to the company's success for over a decade. 

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Property Features and Assets:

Their collaborative spirit, problem-solving prowess, and commitment to quality assurance have positioned this business as an indispensable asset within the aerospace supply chain. Bolstered by strong cash flow and robust revenues, This company has weathered economic downturns with resilience. Certified as a Nadcap approved supplier, the company's commitment to quality is further underscored by its merit in NDT. With impressive sales figures of $3.2 million and an operating profit of 29.57% in the previous year, they are already on track to 15% increase in sales for 2024. Despite its already formidable standing in the industry, there is still much untapped potential for growth. The company envisions diversification through the addition of complementary processes such as a bake oven or chem film line, which would not only enhance its NDT capabilities but also drive increased revenue in chemical processing. 

Market Competition and Expansion:

So if you would like to acquire a beacon of excellence in the aerospace sector, embodying a legacy of integrity, innovation, and unparalleled service – along with a proven track record of customer satisfaction, operational excellence, and financial strength – then please reach out to learn more.

This business has a leased location of 14,935 square feet with the RE Property price of $6,048,675 (excluded in asking price). The seller is active in business with 25 FT and 1 PT employees. Hours of operation are 7am-4pm, Monday - Friday. Included in asking price: $463,956.96 in equipment and fixtures.

Reason for Selling:

Retirement

Additional Details:

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