Annual Revenue: $3,968,000
Net Cash Flow: $959,000
Location: New Jersey
This NJ-based internet-oriented CNC manufacturer is a leading online contract manufacturing facility providing custom mechanical parts for business and consumer markets. It has developed its own proprietary software and has a long stable track record.
The company developed a unique easy-to-use CAD software application that is provided to their customers. The company has a steady stream of revenue from its repeat clientele – over 82% have been ordering for more than a year.
The firm is a single-owner, single-location profitable company. It is one of a handful of CNC on-demand web manufacturers that have successfully leveraged the internet through a unique set of software tools using AI-type expert systems. They have:
- Highly diversified customer base
- Sophisticated easy design software
- Only a handful of competitors
- High barrier to entry
- Proprietary digital technology to enhance productivity
- Strong, recognized brand name
- Employees that are expected to stay post-closing
Owner ready to assist in a successful transition.
The firm has successfully adapted CNC manufacturing to the internet with smart software, interactive automation, and rapid pricing – a fast expanding area. They differentiate from competitors through internally developed, innovative software that allows its customers to work quickly and easily.
Various growth strategies in this multi-billion dollar market include supplier expansion, process diversification, software licensing, direct sales, online marketing, etc.