Growing CNC Machine Shop – Sold
Annual Revenue: $1,800,000
Net Cash Flow: $365,000
Location: Rochester Area, New York
The company has been sold. Please contact us if you are interested in selling your machine shop in New York or anywhere else in the US. If you are interested in buying a machine shop or other manufacturing business, please view our manufacturing businesses for sale.
Since its inception in the 1990s, this company has been performing precision CNC milling and turning from prototypes to short-run production. In a growing and competitive market, this company has performed very well over the years.
The clientele base is diverse and ranges from automotive, agriculture, aerospace, and medical, to optical and photonics. Healthy customer base, not dependent on a single customer or industry. 17 employees.
An ideal buyer should have a strong engineering or programming background or a strategic buyer already in the industry. This is an essential business, and sales have been increasing by 15% Year over Year.
They are well-equipped with machining and fabrication equipment to support’s any customer’s needs. Their equipment is valued at approximately $700,000 and is included in the sale. They are equipped with the machinery needed to re-build a variety of equipment.
The current owner is retiring and has management in place to assist with the transition. The day-to-day operations of the business is run by the company’s experienced team of full-time employees.
The company operates out of a professional and custom constructed 12,000 square feet machine shop and an additional 10,000 sqft for expansion. The seller owns the real estate in a different entity, and depending on the needs of a buyer; the owner may sell the Real Estate with the business. Estimated value $990,000.
FFE: $700,000 (Included in Price)