Precision Manufacturing Company For Sale – Has Accepted Offer
Annual Revenue: $4,500,000
Net Cash Flow: $2,250,000
Location: Syracuse Area, New York
This business has an accepted offer. Please view our other Manufacturing Companies for sale.
This high-performance business was started over 25 years ago after the owners identified a need for unique mechanical components serving numerous high-tech industries. The Company has developed strong, long-standing relationships with its key customers. It is a Tier One supplier for most of its customers. Domestic and international customers range from Military, Aerospace, Semi-Conductor, Optics, Food Processing, and other Blue-Chip accounts including multiple international distributors. The current staff is fully trained and able to sustain the current workload and take the business to the next level. The Company operates out of one location, including administrative space and maintenance yards.
The current value of the orderly liquidation/replacement value of the state-of-the-art manufacturing and inspection equipment is $1,000,000.
This turn-key business occupies approximately 10,000 SQFT – Purpose built for this business and has an estimated market value of about $575,000. The owner is selling the business and Real Estate as a package deal.
Real Estate: $575,000 (Included in Price)
Reason For Sale:
The owner is selling due to permanent retirement.
Square Footage: 10,000
The current owners built a successful manufacturing business that is positioned to be scaled. Growth opportunity exists offering – Patented designs, Proprietary Design, General Use Products, Custom Design Value Engineering, and Design – Plus Engineering. The principals believe that attending trade shows and improved marketing efforts will raise brand and product awareness, likely generating additional leads and acquiring new customers.
TBD – Bankable Finances – SBA – Eligible