Precision Castings/Foundry/Machining w/RE

Not Disclosed, MA
Bristol County


Asking Price: Annual Revenue:
$875,000 $862,374

Manufacturing: Metal Products


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RE: Precision Castings/Foundry/Machining w/RE Broker: Kevin A, Nery, CBB, CBI, M&AMI

Quick Facts

Asking Price: $875,000
Annual Revenue: $862,374
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $465,000
Real Estate: $295,000
Year Established: 1988
Employees: 10
BBN Listing #: 397935713
Broker Reference #: 19863

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Business Overview:

Long established, foundry and precision machining and casting company supplying the industry with cast and machined components.

This company produces to high tolerance specifications and is known for its outstanding quality based on ISO 9002.

The team takes a project from product concept, to design, to qualification, to production and finished product.

2020 was a down year due to COVID-19. 2021 is rebounding nicely. Sales are typically $1.2M - $1.3M.

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Property Features and Assets:

The real estate is included for $295,000. The facility consists of offices and production area completely equipped. Located in an industrial setting, it also has plenty of parking.

Market Competition and Expansion:

Unique niche processes in place for high quality product production. Skilled operators in place combined with engineering staff.

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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