• Sold For

    $1,500,000

    Sold For

  • Revenue

    $1,670,000

    Revenue

  • Discretionary Earnings

    $551,157

    Discretionary Earnings

  • SBA Financing

    Yes

    SBA Financing

Military, Aerospace, and Medical CNC full service machine shop established for over 35 years with $1.6 million sales and $551K Discretionary Earnings, ISO9001 and AS9100 Certified is available for acquisition.  The company services a wide range of industries including aerospace, military and commercial applications, medical, telecommunications, plus a variety of other industries. 

Financial Summary

Summary 2019 2018 2017 2016
Revenue 1670309 1837080 1886851 1661100
Cost of Goods Sold 510016 580539 855684 823567
Gross Margin 1160293 1256541 1031167 837533
Operating Expenses 877551 1025923 980780 865858
Net Profit 282743 230618 51950 -28325
EBITDA
Owners Benefits 268414 359714 271245 206351
Discretionary Earnings 551157 590332 323195 178026

Summary

  • $1.67 Million sales
  • $551,157 Discretionary Earnings
  • Approved vendor for major military/aerospace programs and prime contractors
  • Offered at $1.56 Million
  • SBA financing available for qualified buyers
  • $182,244 down with SBA financing
  • $317,244 Net After Debt Service with SBA financing 

The company has built a  worldwide customer base of major military/aerospace and medical customers with an excellent reputation of quality and service that contributes to the success of the company. The company  utilizes the latest in machining technology and solutions in order to compete in today’s demanding business environment. The company is known for its quality, rapid turnaround times, and is an approved vendor for many of the major aerospace companies.  

Products & Services 

  •  Military & Aerospace CNC machine shop services
  •  Medical CNC machine shop services
  •  ISO9001 and AS9100 Certified
  •  Manufacturing, Engineering and Design Assistance.

The company has a well trained professional staff consisting of 8 employees including a shop manager, machinists, and office manager.  Many of the employees have been with the company for over ten years.  

Staff

  •  8 employees
  •  2 CNC managers/supervisors
  •  4 CNC experienced machinists 
  •  Office Admin plus Office Manager 

The owner is ready to retire and wants to sell the business to a qualified buyer that wants to continue and build on the quality and success of the business.

Down Payment and Working Capital Required

The minimum down payment for this business with SBA financing is $182,244 (cash).  The buyer will need additional funds for working capital and closing costs of approximately $50,000. The company’s A/R can be purchased and most SBA lenders will finance the purchase of A/R as additional working capital.  

Seller Role and Buyer Requirements

The owner does all quotes, provides customer technical support, and shop scheduling.  The owner will train the buyer and is willing to provide consulting services after training is completed.  The Buyer should have a technical background and be capable of learning to operate a CNC machining business.  The Buyer does not necessarily need to be a “machinist” but should be capable of learning and understanding CNC machining.  

Inquires from Principals Only