Highly Profitable CNC Machining Parts Manufacturer

Financial Information

  • Asking Price: ON REQUEST
  • Gross Revenue: $4,000,000
  • Cash Flow: $750,000
  • Down Payment: ON REQUEST
  • FF&E (Not Included): ON REQUEST
  • Inventory: N/A
  • Financing: Yes

Business Location

  • Mecklenburg
  • Charlotte
  • North Carolina
Primary Business Category: Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing

This CNC Machining business has been established for 25 years. They have some larger specialized equipment that many shops do not have which allows them to bid on jobs that have much higher than normal profit margins. There are 4 major customers which account for the majority of their sales and are in various industries including aerospace, pulp & paper, textiles and a few miscellaneous. The owner is at retirement age and is ready to travel with his wife but is willing to do a transition period as a Buyer may require. This business did not experience much of a down turn during Covid 19 and their sales have been $3 Million plus and should be $4 Million in 2021. In fact, they only have to purchase $100,000 more in materials to produce the next $2.3 Million in backlog of business currently on their books. There is a 10,000 SF facility which houses their CNC Machining and there is an adjacent building which houses their two plasma cutters and welding area. The Seller has a strong preference to sell the business and real estate together. There is extra capacity on their machines but skilled help is difficult to find in the current work force environment.


Support / Training Comments

Seller will negotiate a transition period


Reason For Sale
Retirement
  • Home Based: No
  • Year Established: 1996
  • Franchise: No
  • Year Acquired: 1996
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences: Business

  • Is Property Leased: No
  • Real Estate Available: Yes
  • Real Estate Included: Yes
  • Real Estate Value: $1,000,000
  • Real Estate Asking: $1,000,000
  • Days Open: Monday-Friday
  • Fulltime Employees: 14
  • Part time Employees: N/A
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 16,000 sq ft
  • Monthly Rent: N/A

Contact Business Broker

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Business Listed by

Sunbelt Charlotte

Contact: Bill Law
Office Phone: 704-897-8232
Mobile Phone: (704) 644-1141 Direct Line
Listing ID: CHARLNC001-N816

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