Machining Manufacturer
Machining Manufacturer
Price: $599,000
Location: Cambridge
Industry: Machinery Manufacturing
Listing ID: 20220928
Listing Status: Sold
This company provides precision machining services to a wide variety of industries, including Aerospace, Automotive, Printing Machines, Weighing Automation and more.
The company has experience with diverse metals including glass impregnated Teflon, to heat treated and work hardened white cast iron. They recently added an EDM Wire cut machine to diversify capabilities. They provide:
• EDM Wire Cut
• Precision Machining CNC and Conventional, including, turning, milling, grinding, sawing, broaching and assembly
• Subcontracting
• Consultation
• Custom Jigs and Fixtures
• Repair or replacement of ACME and all other screw threads.
Total Sales: $613,000
Cash Flow: N/A
FFE Included: Yes
Reason For Sale:
Partnership dispute.
Owner would consider working with a new partner.
Training & Support:
Owner will transition new buyer after sale.
Year Established: 1977
Owner Hours Per Week: Mon-Fri 8am-4pm
Employees: 3
Monthly Rent: $4,700
Type of Location: Low traffic area with most suppliers and services within a 5 minute drive.
Square Footage: 5,220 sq. ft.
Facilities Information:
5,220 sq. ft. facility, climate controlled with plenty of room for expected growth. 3 offices, 2 washrooms and lunchroom.
Potential Growth:
A potential buyer could do more marketing for the machining side of the business. Upon doing this they would be able to hire more employees so they could fully utilize the equipment presently in the shop and could install diversified equipment to increase the customer base.
They could also market the deburr brush part of the business, as the company has never done much marketing for this segment because they have concentrated more on the machining. Expanding staff and focusing on outbound sales activities would lead to increased sales.