PLAINVILLE, Connecticut
| Asking Price |
$1,200,000 |
Year Established |
1972 |
|
| Annual Revenue |
$2,199,361 |
Reason for Selling |
Moving Out of State |
|
| Annual P/L |
$0 |
Attention |
Tony Torella |
|
| Annual Cash Flow |
$331,329 |
Listing Number |
1009670 |
|
| # of Employees |
17 |
Business Category |
Manufacturing: Metal Products |
|
Business Overview:
This long established tool maker and machine shop represents a well-diversified machining enterprise with over fifty years of continuous operations. The organization servies a diverse client portfolio spanning automotive, commercial, and industrial reshoring.
The company has built a strong market reputation based on operational reliability, quality standards, and delivery consistency. The competitive landscape has become increasingly favorable as local market participants exit through retirement, creating expansion opportunities for new ownership.
This business is remarkarkably well equipped for a company of its size. Its Operational Assets include: Precision grinding equipment, CNC milling machines, Industrial lathes, Waterjet cutting system, Multiple hydraulic presses and a Triumph stamping machine.
The business maintains an experienced workforce and management infrastructure capable of supporting continued operations and growth initiatives.
Key Business Strengths: Established customer relationships across multiple industry verticals, Comprehensive machining capabilities supporting diverse project requirements, Experienced technical staff and operational management, Favorable competitive posistioning in local market, Growth potential aligned with manufacturing reshoring trends, Operational systems enabling both active and passive ownership structures.
This acquisition opportunity provides entry into the precision machining sector with established infrastructure, proven market relationships, and positioned for continued expansion within the growing domestic manufacturing environment.
The seller is a completely passive financial owner. Therefore, a new ownerwould not be required to be 100% active in the daily operations unless they desire to do so.
Property Features and Assets:
<p>The business is located in a 25,000 sq. ft. manufacturing facility. It occupies 16,000 sq. ft. of this facility.</p>
Market Competition and Expansion:
<p>Because the company has well-established operational procedures in place, as well as an experienced and well-trained team of employees and managers, it is well positioned for significant growth. A new owner can leverage its loyal customer base and expand service offerings, as well as explore new markets, making it an attractive opportunity for entreprenurial individuals and established Tool Making and Machine Shop companies seeking expansion.</p>
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity