Highly Profitable Niche Aerospace Parts Designer & Manufacturer

Financial Information

  • Asking Price: ON REQUEST
  • Gross Revenue: $1,750,000
  • Cash Flow: $750,000
  • Down Payment: ON REQUEST
  • FF&E (Not Included): ON REQUEST
  • Inventory: N/A
  • Financing: Yes

Business Location

  • Guilford
  • Greensboro
  • North Carolina
Primary Business Category: Aerospace Product and Parts Manufacturing

This company designs aerospace related parts and also manufactures small quantities of finished parts in its machine shop. The parts tend to be Non Fly Parts, but a fair amount of technical expertise is used in designing and making the parts. The company has some other customers outside of the aerospace industry and there is a lot of extra capacity on their equipment as they only operate on one shift and much of their equipment is not operating on the first shift. The owner has had this business for over 20 years and is looking to retire so he and his wife can travel. It is important that a buyer have the technical expertise to step into the owner's shoes, but a Buyer would only need to be on site for about half the week. There is a key operations manager in place. Prior to Covid 19 this business had a 7 figure cash flow on sales which exceeded $2 Million. Once Covid hit, there was a big drop in sales and profits, but the business is on the come back now and sales should exceed $1,500,000 this year with a cash flow of about $750,000. For the right Buyer, the owner will consider some Seller Financing. There is no formal asking price but it will likely be $3 Million or more. The Seller owns the real estate and is open to selling it or leasing it. For additional information, contact the listing broker, Bill Law at 704-904-6624 or email [email protected] Principals only please


Support / Training Comments

Seller will negotiate a transition period


Financing Comments

Seller will consider some financing for a qualified buyer


Reason For Sale
Retirement
  • Home Based: No
  • Year Established: 1998
  • Franchise: No
  • Year Acquired: 1998
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences: Business

  • Is Property Leased: No
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Real Estate Asking: ON REQUEST
  • Fulltime Employees: 6
  • Part time Employees: N/A
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 10,000 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-N821

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