CNC Screw Machine Job Shop w/Real Estate Available (Manufacturing; Manufacturing, Metal Fabrication)
West Central CT - Connecticut
| Seller Financing: |
No |
| Lender Pre-Qualified: |
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| Listing ID: |
74895 |
| Status: |
Active |
Listing Details
| Listed Price: |
$800,000 |
| Down Payment: |
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| Total Sales: |
$1,350,000 |
| SDE: |
$256,000 |
| EBIT: |
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| EBITDA: |
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| FFE: |
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Included? |
| Real Estate: |
$675,000 |
Included? Available |
| Inventory: |
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Included? |
| A/R: |
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Included? |
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| Reason for Sale: |
Retirement |
| Training: |
Owner open to staying indefinitely as PT customer/sales contact and set up adviser. |
| Financing Terms: |
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Operations
| Year Established: |
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| Last Acquired: |
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| Form of Ownership: |
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| Home Based: |
No |
| Relocatable: |
No |
| Type of Location: |
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| Absentee Owner: |
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| Online: |
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| Employees: |
Full Time: / Part Time: |
| Managers: |
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| Hours: |
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| Owner Hours: |
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| Non-Owner Payroll: |
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| Franchise Info: |
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Location
| Lease Expire: |
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| Option: |
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| Lease Terms: |
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| Lease Security: |
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| Monthly Rent: |
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| Square Footage: |
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| Facilities: |
10,000+ square foot mason and steel fabricated facility comprised of approximately 85% manufacturing space and the remainder offices. The facility has enough land for future growth and addition. Facility is minutes from two major highways. Lease rate is $4,000/month NNN or available for $675,000. |
Summary
| Business Description: |
Family owned manufacturing company specializing in custom screw machine products, CNC turning, and secondary CNC finishing operations on Brown & Sharpe, Swiss, & CNC blanks. The precision turning capabilities of the Company s CNC Swiss Lathes, multi-axis CNC and CNC screw machines provide flexibility to their customers who have complex parts with flats, cross holes, and complex geometry. The Company
uses many materials including steel, brass, & aluminum parts, alloy steels, & plastics. ISO-9001-2008 Registered.Profitable with sales increasing 30% from the 2009 downturn to 2011. Seller anticipates continued improvement in 2012. Customers
are among many industries with the top five in revenue being Industrial Machinery & Equipment, Medical, Fluid Power & Hydraulics, Aerospace, and Munitions. No one customer makes up more than 20% of the Company s total revenue. 85% of the customers are repeat. |
| Historical Summary: |
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| Owner Qualifications: |
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| Competition: |
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| Potential Growth: |
The Company believes by getting into larger volume production orders the Company would see significant growth. Higher volume production orders will likely require the acquisition of another multi-axis Swiss CNC machine and Fixed Head Stock machine (which is currently under consideration) and additional “Lights Out” production. As mentioned above the facility has the capability to be expanded to accommodate future expansion. |
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