Precision Machine Shop

Not Disclosed, NJ


Asking Price: Annual Revenue:
Not Disclosed $3,000,000

Manufacturing: Electronics & Technology


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RE: Precision Machine Shop Broker: Courtney O'Connor

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $3,000,000
Net Profit: Not Disclosed
Cash Flow: $1,100,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1980
Employees: 10
BBN Listing #: 16649983
Broker Reference #: S-2290-R

Email or Print Listing

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Business Overview:

The Company is a precision machine shop specializing in CNC machining of electronic components for use in aerospace and defense applications. The Company specializes in all phases PWB/PCB heatsink sub-assembly, making it a one-stop-shop for prominent industry players.

The primary customer base is comprised of major aerospace, military, and defense contractors as well as related contract manufacturers and subcontractors serving these industries. The end users for many of the Company’s products are defense programs at Lockheed Martin, Northrup Grumman, Honeywell, and Raytheon. The Company has 50 years of experience, as well as preferred vendor relationships with many leading industry players, making 90% of annual revenue repeat business.

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Property Features and Assets:

7,000 square feet office.

Market Competition and Expansion:

Competition: Capitalizing on its proprietary processes, the Company competes on the quality of its products, swift turnaround of "mission critical" parts and components, and the “one-stop-shop” nature of its PWB and PCB heatsink sub-assembly production. There are few competitors with the in-house expertise to handle all phases of PWB and PCB heatsink sub-assemblies, and even fewer capable of doing so with the proficiency the Company has displayed for nearly 50 years. Expansion & Growth: The Company has steadily grown over the years with a significant increase in revenue in recent periods. After a banner year in 2020 with over $3M in revenue, the Company is projecting $3.2M in 2021. Management believes the Company can become a dominant player in the heatsink industry and more than double current volume by adding hiring additional production workers and implementing a second shift, as well as investing in sales/marketing initiatives. Growth is also available through adjacent products, like plastics and adhesives.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is 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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