Precision Machining – Contract Manufacturing

Not Disclosed, CA

Silicon Valley

Asking Price: Annual Revenue:
Not Disclosed $2,851,864

Manufacturing: Electronics & Technology

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RE: Precision Machining – Contract Manufacturing Broker: Greg Carpenter
License #: 02058745/00898668

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $2,851,864
Net Profit: Not Disclosed
Cash Flow: $1,223,877
Total Debt: Not Disclosed
FF&E: $180,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 10
BBN Listing #: 793935994
Broker Reference #: SV1170

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Business Overview:

Company has been established over 15 years in the Silicon Valley. Primary service is precision machining of small- to medium-size parts. Primary industries served include semiconductor equipment OEMs, medical device manufacturers and aerospace/military manufacturers. 29 active customers in 2019. Secondary service is mechanical assembly of parts manufactured by the company and also purchased parts provided by the customers.

The production crew is highly experienced and provides manufacturing engineering assistance to customers to help them refine designs of parts to make them more easily manufactured and less costly. The company’s skilled machinists hold tolerances of 1/10,000th of an inch in milling and turning.

There is customer concentration in semiconductor equipment, but the company recently obtained an ISO 13485 certification to enable it to expand its customer base into the medical equipment industry. At present, one of the top 5 customers is a medical equipment manufacturer.

Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or the Contact Seller button or email us to receive a confidentiality agreement and learn more about this opportunity.

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Property Features and Assets:

Major north-south commute street near intersection of two primary freeways and international airport A unit in multi-tenant light industrial building 5,300 square feet $10,000 month, month-to-month

Market Competition and Expansion:

Newly obtained ISO 13485 certification qualifies company to product medical parts. Easy to get AS9100 for military/aerospace work because of ISO 13485 to enable getting customers in those industries next.

Reason for Selling:

Family obligations

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.

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