Business For Sale

Machine Tool Manufacture - est. 20 years

Not Disclosed, CA
Orange County


Asking Price: Annual Revenue:
Not Disclosed $550,000

Manufacturing: Machinery


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RE: Machine Tool Manufacture - est. 20 years Broker: Julian Solomons

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $550,000
Net Profit: $73,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $78,200
Real Estate: Not Disclosed
Year Established: 1997
Employees: 4
BBN Listing #: 282731351
Broker Reference #: 20160509/1

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Business Overview:

Walk into virtually any machine shop in the United States (or around the world for that matter) and you will see at least one, probably several 3-axis CNC milling/drilling/grinding machines. They are the basic workhorse of any precision engineering company.

A very small percentage of those machine shops have the next stage in technology, a 5-axis machine. They cost way more than a 3-axis machine, but are capable of more complex work (in simple terms being able to work on a product in virtually any angle in a sphere as opposed to the up/down and side to side of a three axis machine.

The company has developed and patented (US Patent #: 5718545) a product that converts an ordinary 3-axis CNC machine tool into a fully programmable 5-axis machining center.

Manufacturers and machine shops that need 5-axis machining capability make considerable savings in machine cost when compared to the cost of conventional alternatives.

The company has been established for 20 years, and the machine is in it’s fourth, successful iteration.

Regretfully, almost from the “get-go” the product failed to gain traction in the marketplace. There were teething problems (reliability, accuracy) with the early models (that have since been corrected and improved) but the machine lost credibility at a crucial time. The prime inventor went on to develop a leading software company, leaving the President to try and run things on his own – with very limited support staff and virtually no working capital.

Speak to any of the many customers that have used the machine for ten years or more, (see them speak in an available video) and they are amazed that this product is not in every machine shop in the country, let alone the world!

This is an excellent opportunity for either a company or individual that understands machine tools, and could very well be already operating in that space, to take the foundation that has been established and scale it up to the multi-million dollar business that it deserves. It will take capital, energy and business savvy, but there is no question that it can be achieved.

Offers are invited for all the assets of the business, which will include the patent, all intellectual property, customer lists, etc. The new owner will need to accommodate the business in their own facility or to establish a new facility.

A detailed “book” and video description are available via a web-link on application.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

See "book".

Market Competition and Expansion:

See "book".

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is not 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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