Contract Machining Shop

Location: United States -> Massachusetts -> Norfolk County
Industry: Manufacturing > Machinery Manufacturing

Businesses for sale Summary

A Massachusetts based S Corporation; this company is a full service manufacturer and assembler of precision machined components. Established in the early 90’s the company features state of the art CNC machining technology, cad / cam services, prototyping, production support, and sub component and product assembly. Stringent quality standards and a unique proactive approach in a variety of industries including medical, aerospace, and instrumentation. The company, which started as a single acquisition has grown to over $8 million, with 40 plus employees, and an asset base of over $5 million and an open order backlog in excess of over $2 million. Contact for more information on this Machining Shop for sale.

Financials

Asking Price Range:  $1.0M – $2.5M
Gross Revenues:   $8,300,000
Cash Flow:   $1,350,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $6,500,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1992
Number of Employees:  35 – 49
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Not Applicable

About The Sale

Reason For Selling:  Retirement.