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Precision Machining And Fabrication Company
Location: United States -> Michigan
Industry: Manufacturing > Metals Manufacturing




Business Summary

This opportunity is a precision machining and fabrication business that services a diverse range of industries, including but not limited to automotive, aerospace, special machine builders, food, entertainment, testing equipment, and military. In addition to machining, the Company offers a full array of services, including milling, grinding, assembly, fabrication, and finished painting.

The Company was founded in the 1990s by two of the current owners. One owner is actively involved in the Business, and the other is passive. The Company's General Manager also holds a minority share because he bought into the Company later on. The General Manager is a key asset to the Business and is planning to remain with the Company post-transaction.

The real estate is owned through the owners' real estate holding entity. The building was completely rebuilt within the last 25 years and features 12,000 square feet of space. The shop consists of 9,000 square feet, and the office consists of 1,500 square feet. There is an additional 1,500 square feet of space on the second floor of the facility. The real estate has an estimated value of $800,000. Ownership is flexible regarding the sale or lease of the real estate.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency. You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the email cannot be found, please email info(at)caldergr.com and request a PDF version.

Once we receive your NDA and answers to some basic questions, the Confidential Information Memorandum (CIM) will be sent to you by the project manager.


Financials

Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   $2,284,064
Cash Flow:   $290,501
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $1,100,000
Seller Financing:  Yes

About The Business

Year Established:  1997
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Ownership is willing to provide reasonable and customary assistance during the transition period.
Reason For Selling:  Ownership would like to retire.




Print Listing Id: 700366643
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Also See: Franchise Opportunities > Franchise Resales > Michigan Businesses For Sale > Michigan Franchises For Sale > Michigan Business Brokers



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