This Michigan CNC Machining Business for Sale Could Be Yours – Act Fast!
Looking for a Michigan CNC Machining Business for Sale? This 30+ year established Company is a growing CNC manufacturer specializing in injection mold building, low-volume production work and general repair and maintenance work for a variety of well-recognized West Michigan automotive, oil & gas and furniture manufacturing customers.
Ownership is selling the Company now because they feel that after 35 years in the business, the time is right personally and economically to transition to an acquirer that will take advantage of strong demand for mold-making and special machine manufacturing. For the past two years business has been very strong and ownership feels that this trend is only accelerating in 2015 and beyond.
Presently, ownership works only part-time in the business and has a full-time manager that runs the day-to-day operations. In addition, the Company employs six (6) dedicated staff members that run the core of the business with little oversight or direction from the owners. A number of employees have been with the company over 10 years and are capable of technical problem-solving for customers.
Financial Summary:
2014 Total Sales: $979,089
2014 Gross Profit: $782,639
2014 EBITDA: $233,157
*As of June 2015, the Company’s annual revenue run rate is in excess of $1,100,000+
- The company employs 7 skilled employees that manage the day-to-day operations.
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Investment Highlights:
- Company daily operation and performance requires limited owner involvement
- Excellent reputation for quality and customer service
- Efficient setup and technology allow for camera-monitoring of CNCs
- The Company recently invested in a new Romi 1500 Vertical Machining Center
- The Company specializes in injection mold building and special machine component manufacturing.
Growth Opportunities:
- Due to recent robust demand, ownership is not investing in sales/marketing
- Investment in larger equipment would allow company to machine parts larger than 30x60x80.
- The Company has developed internal expertise in a niche automotive parts application that could be applied elsewhere
Please inquire below for access to a complete Offering Memorandum and Financial Addendum that contains the following:
Company History/Overview
Information about Customers
Information about Service Offerings
Management Team & Personnel
Technology & Software
Facilities
Detailed Financial Addendum
Interested parties must demonstrate proof of financial capability, sign a Non-Disclosure Agreement, and have a brief introductory phone call with a broker. Inquire today about this fantastic CNC Machining Business for Sale!