Business For Sale

Precision Heavy Duty CNC Boring and Machining

Not Disclosed, MI
Genesee County


Asking Price: Annual Revenue:
$2,200,000 $1,600,000

Manufacturing: Machinery


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RE: Precision Heavy Duty CNC Boring and Machining Broker: Seller of Business

Quick Facts

Asking Price: $2,200,000
Annual Revenue: $1,600,000
Net Profit: Not Disclosed
Cash Flow: $232,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1977
Employees: 17
BBN Listing #: 560245079
Broker Reference #: 929

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Business Overview:

Turnkey 3 and 4-axis CNC machining company maintains unique capabilities to machining extremely large pieces for automotive, aerospace and oil and gas customers.

Established 41 years ago this Michigan based CNC company’s consistent investment in quality machinery, tooling and equipment has made it not only more versatile but more productive to run. The company maintains numerous big iron boring mills, rail mills capable of flawlessly machining large parts for aircraft, oil and gas and automotive applications. Despite a number of unpredictable setbacks in recent years, the Company is better positioned than ever to be vertically integrated with a strategic buyer seeking to utilize its unique base of equipment, industry contacts and skilled labor and management team. The Company is presently operating at approximately 20% capacity and is positioned to immediately take on overflow work. This is an agile business that has transitioned from oil and gas to aerospace and special machines (i.e. mining, steel mills, over road equipment).

Owner, now a 77 year-old, craftsman is making this operation available as succession planning to go on for the family. His son is now the President and Sales Manager and will stay with the company and runs portions of the company. Owner and his Office Manager run the business and she will stay with the company as part of the management team. Owner will stay with the company as requested by the buyer. The owner would prefer to lease the building for three to five years.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency.

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Property Features and Assets:

The owner would prefer to lease the building for three to five years.

Market Competition and Expansion:

Investment Highlights include: 1) Intellectual Property Library – The company has use patents and engineering for numerous machines they have developed and sold. These machines have intellectual value and can be used domestically and in developing counties where a lower volume of product is required. These include a tapping machine, a ring transfer-machine, as well as machines used by hydraulic industries. 2) Location – The Company is geographically well placed to serve major Michigan manufacturing hubs. Growth Opportunities include: 1) Physical Expansion 2) Sales/Marketing 3) Under Capacity

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.

Documents:

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