Gross Revenue: $1,766,000

Cash Flow: $174,000

Inventory: $40,000 (Included in Asking Price)

FF&E: $425,000 (Included in Asking Price)

Seller Financing: some financing available to qualified party.

ID# 625

CNC Machining Shop – SIC 3599


Bundy & Company, M&A Advisors and Business Brokers, is pleased to offer for sale a contract manufacturing business with a niche market creating precision machined parts for a variety of Original Equipment Manufacturers. For over 25 years the business has specialized in CNC machined and turned parts that have moderate volume and close tolerances from prototype development to full production runs.
This subchapter S corporation was established in 1981 and now serves an established clientele of manufacturers and their suppliers, representing industry segments including heavy equipment, automotive, industrial controls, industrial instruments, and material handling. The company is ISO9001:2000 certified and has a sterling reputation for quality and customer service. Real estate may be purchased with the business.
Location: North Carolina

Year Established: 1981

Employees: 28 full time -

Facilities: Located on 4 acres in industrial area. Office & warehouse space = 12,000 sq. ft.

Market Outlook and Competition: Several local competitors, competing mainly on price and on-time delivery. Growth could be achieved by expanding on site with the addition of machining centers.

Management Training and Support: Seller is available to provide training and consulting during transition.

Reason For Selling: Retirement