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- RE: Rhode Island High Net Precision Machining Company
- Contact: Rick Carlson
- License #: 1820673
Quick Facts
| Asking Price: | Not Disclosed | |
| Annual Revenue: | $5,237,833 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $7,174,414 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1931 | |
| Employees: | 23 | |
| BBN Listing #: | 1014286 | |
| Broker Reference #: | 1513 MFG |
Business Overview:
Serving diverse end markets including HVAC, medical, hydraulic systems, gaming, and select marine and defense applications, this multi-generational Company has maintained strong profitability, with recent performance reflecting approximately 25% sales growth and margins approaching 40%.
Its competitive position is supported by long-term customer relationships, a seasoned workforce, ISO-certified quality systems, and specialized manufacturing know-how.
Its unique problem-solving capabilities make it a manufacturing partner rather than merely a job shop. Long settled into a durable niche, the Company is sought out for its precision machining, CNC capabilities, and engineered solutions to complex production challenges. Additionally, the business maintains longstanding expertise in hydraulic relief valve manufacturing, a legacy product line with applications tied to military and other demanding end markets.
The company sold more than one million individual pieces in 2025. Revenue topped $5.5 million.
The Seller has completed a third-party valuation of the equipment. A preliminary report details more than 600 items valued at $1.6 million that were included in the purchase price.
NDA is required to secure the comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Contact the Seller:
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Property Features and Assets:
Facilities: The Seller owns the property, valued at approximately $1.2 Mil, which he may sell in conjunction with the sale of the company, but not without the sale of the company. The value of the property IS NOT included in the business's asking price.
He will consider providing a long-term lease at market rental rates. The Company currently pays $8,000 per month in rent. Property taxes are included within occupancy-related expenses.
Market Competition and Expansion:
Competition: Although small machine shops compete primarily on price, this company benefits from a reputation for delivery performance and low defect rates. Its reputation for being a problem solver is also well known, so jobs that others cannot complete end up at this facility.
Growth & Expansion: There is significant opportunity in the industry and ample room for growth in the facility. Sales and marketing efforts to target opportunities in the defense and aerospace industries, along with website changes to improve information flow, might bring in new business faster.
Reason for Selling:
The Seller is looking to retire. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Rhode Island businesses for sale
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