High-margin, sophisticated projects have enabled this CNC machining business to produce great profits. The Company has over 20 years of experience in providing specialized services to a diverse customer-base that includes the auto, aerospace, and medical device industries. These long-term relationships with highly reputable companies have given the Company steady project flow.
The experienced and capable team can handle any project whether working with blueprints or solid models. The Company utilizes the latest CAM/CAD software along with multi-axis mills, lathes, and precision grinding machines to cover everything from prototypes to small-run production work.
The Company has a tremendous reputation for excellence and has achieved great success, but current ownership sees much room for growth. In many respects, the owner’s dream of being a successful business owner has been realized, but he has recently concluded that reaching the next level of growth and performance will require an individual or team with skills that he has not had the time or energy to develop. An ambitious individual could take the existing customer relationships further and take on the great flow of projects that sometimes must be turned down. Current ownership is open to remaining with the Company in a management or sales role.
Facilities: The Company leases a facility from a third-party and keeps it in exquisite order, with clean work spaces and pristine equipment.
Support/Training: Ownership is willing to provide reasonable and customary transition assistance.
Reasons for Selling: Management believes they could benefit from a new owner who can grow the Business.
Profitability: The Company exhibits a low-volume, high-margin strategy by taking on time-sensitive and challenging projects.
Professional Image: Quality and excellence are the key values of the Company and are consistently displayed through the well-maintained facility.
Heavy Reinvestment: The Company regularly reinvests profits into new equipment which not only reduces tax liabilities but increases productivity with the existing team.
Young Team: A rigorous screening process has resulted in a very knowledgeable and versatile team that is still young, ensuring many productive work years ahead.
Passionate Owner: The owner cares deeply about the success of the Business and is willing to stay on in a management or sales capacity.
Less Hands-On Owner: The owner has shifted to more of a strategic role and hired a general manager to ensure the Business is less reliant on him.
Growth Strategy: The Company would benefit from an individual with strengths in strategic planning and organizational development.
Aviation Repair Services: The Company was previously a certified repair facility in the aviation industry and reentering this line of work can provide a consistent flow of work.
Production Work: The Company is not suited for large-run production work, but with a facility expansion and additional equipment, the Company could decrease per unit costs and become competitive in this field.
Sales and Marketing: The Company does not engage in sales and marketing efforts and has never had a sales rep, therefore being more aggressive in this aspect could prove to be a great growth strategy.
Develop Existing Relationships: The Company has worked with a large medical device manufacturer for nearly a decade, and a recent software interface could open the Company up to new contacts and streamline the quoting process.
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