Tupelo Data Room
Machine Shops & Tools, Metal Products
Active

CNC Turning, Milling, and Manufacturing Company

Jackson, Jackson County, Michigan, United States
Asking Price$800k
Revenue$341k
EBITDA$36k
Cash Flow-
Description
This opportunity is a Michigan based company established in 1985, that provides full-service CNC Turning, Milling, and Manufacturing while delivering quality products and exceptional customer service. The company has capacity to produce long-run, large quantity production jobs as well as short-run and prototype work. The company serves diverse industries including Automotive, Commercial Truck, Off Road vehicles, Industrial, Military, Maritime, and all related industries.
Real Estate
$325kIncluded in Asking Price
Building Size: 5840 sq. ft.
Furniture Fixtures & Equipment
$1.25m
Inventory
Included in Asking Price
Number of EmployeesFull-Time: 3
Year Established
1985
Reason Selling
The owner would like to retire to spend more time with the family.
Facilities & Assets
The facility is very well maintained with 5,840 total square feet, 5,000 square feet of manufacturing space, and 840 feet of office space area. The company is equipped with a substantial base of well-maintained machining equipment. The equipment includes CNC Machining lathes, CNC milling centers, including a state-of-the-art Zeiss CMM, the equipment acquisition value was $1,253,287. CNC Machining Lathers includes Murata, Miyano, and Mori Seiki. The CNC Milling Centers includes the following: Brother (2), Okuma, and Comet.
Support & Training
Ownership is willing to provide reasonable and customary assistance during the transition period..
Market & Competition
The company offers complete CNC turning and milling solutions with a complete range of precision manufacturing equipment assures the capabilities to produce high quality tight tolerance parts. They have the capacity to produce long-run, large quantity production jobs as well as short-run and prototype work. The company takes pride in providing their customers with the highest quality parts and service. The company also maintains an ISO 9001:2015 registered accreditation.
Growth Opportunities
The company has the ability to increase capacity to 1.3MM in sales with existing equipment and plant capacity. They could further exceed these sales levels with adding production shifts, the company in the past has run production with up to 18 employees running on 3 shifts. The company would benefit from strategic marketing plan including an outbound social media, online marketing, and SEO strategy. The company has historically attracted business from clients due to their exceptional quality, customer service, and creative solutions.
Financing Options
Seller financing is available.The business location is eligible for NMTC and Opportunity Zone investments.
Asking Price$800k