DescriptionThis well-established job shop specializes in meeting client needs for custom part repair, modification, and fabrication services. Serving industrial and commercial customers across multiple sectors, this company has built a sterling reputation for precision work and outstanding service over more than four decades.
Founded in 1978, the business has developed a loyal customer base and a strong market presence. Operations are supported by a team of ten full-time skilled employees and two experienced family officers. Day-to-day operations are effectively handled by the team and a senior plant manager, allowing the owners to focus primarily on strategic oversight rather than daily management.
The company operates out of a spacious, fully equipped facility located on 8+ acres of industrial property. The real estate is available for purchase separately at a price of $2,900,000, offering a rare opportunity for buyers seeking to secure both the business and the land it operates from.
Key assets include a wide range of manual and CNC machining equipment, along with clean, well-organized production areas. Approximately one-third of the company's assets are in machinery and equipment, one-third are in accounts receivable, and one-third are in cash. As a true custom job shop, materials are ordered on an as-needed basis, eliminating the need for inventory storage.
The business generates approximately $2 million in annual revenues with Seller’s Discretionary Earnings (SDE) of around $352,000. A recent third-party valuation suggests a market value of $2,095,000 for the business alone (excluding real estate).
Ownership is seeking to transition the business due to health reasons. They are committed to supporting a smooth handoff, offering 30 days of training included in the sale and potentially willing to negotiate extended consulting arrangements if needed.
This is a prime opportunity to acquire a well-run, profitable manufacturing business with skilled staff in place, an excellent reputation, and optional real estate ownership.
Highlights:
Over 45 years of successful operation
Tenured workforce with skilled machinists
Owner-absentee potential
Consistent cash flow with strong EBITDA
Room for growth through expanded marketing, additional shifts, or customer diversification
Real estate available for purchase
Serious inquiries only. A Non-Disclosure Agreement (NDA) and proof of financial capability will be required prior to disclosure of further details. Call Mike Wilson at 843-693-2138 for further information.