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Detroit Metro Precision Machining Co
Location: United States -> Michigan -> Macomb County
Industry: Manufacturing > Auto Parts Manufacturing




Business Summary

Founded over 25 years ago this company supports Tier One and Tier Two customers in the Automotive, Aerospace and Defense industries. They provide their valued customers responsive, accurate and cost-effective services. Among the Detroit Metro area's most preferred manufacturing facilities, the company is fully equipped and capable to perform a wide variety of primary and secondary services.
The company offers the option of producing semi-finished or fully finished parts. As required by its customers, they capably perform additional value-added secondary operations including heat treating and coating. This company has the capability and experience to address the most complex part production requirements and stands behind its services with guaranteed satisfaction. Its primary machining functions include Large and Small Detail Machining, Boring Mills, Turning Centers, Manual Bridgeports and E-Z Traks. All parts are checked in-process using approved methods by Certified Machinists.

Key Facts
- ISO 9001 Certified
- 14 Shop Employees @ $22 Hr. Avg. Pay Rate
- 2 Owner Employees / $91,000 Base Annual Salary each
- 2 Administrative Employees
- S Corporation
- One Shift Mon Fri 6 AM to 4 PM
- 5 Year Average EBITDA $518,000
- Busy Accounting Software System
- Plant 1 Shift Capacity 5 Million
- Reason for Sale: Near Term Retirement
- SIC Codes: 3599-03 Machine Shops 9999-06 Federal Gov. Contractors


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $3,100,000
Cash Flow:   $518,000
Cash Flow Type:  EBITDA
Inventory:  $75,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1993
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  As needed
Reason For Selling:  Retirement




Print Listing Id: 700335168
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