Hot Listing

CNC Machining - Turning & Milling Established 20 years

Asking Price$2,950,000

Cash Flow
$926,690
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

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Hot Listing

CNC Machining - Turning & Milling Established 20 years


Asking Price$2,950,000

Cash Flow
$926,690
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Hi Volume CNC Job Shop - Turning & Milling ISO Certified - Retirement Sale
This CNC machining company has been established for over 20 years. The company has a number of long term, high quality customers in the local area. They supply precision parts primarily to the Agriculture, Energy, Transportation, Material Handling, Oil & Gas, and Mining industries. The company is well managed by an experienced Operations Manager who looks after operations, purchasing, planning, etc. There are 11 employees, workign on just one shift in a leased 15,000 SF facility. The company has focused activity on their 4 main customers for many years, leaving great opportunity for a new owner to expand the business with new customers. The company has made very few sales calls of late and rely on mostly 4 long term local customers. The Greenville, SC area is thriving manufacturing hub, and continues to grow strongly. The current owners will be retiring but would be willing to stay on on short term basis to manage the transition. This is an "S"-Corp. and the Sellers prefer a stock sale at $2.95 Million on a debt free basis, but will consider an asset sale. Three year annual sales have ranged from $2 Million to $2.4 Million with Cash Flow (SDE) of $926,690 averaged over the past 3 years.
About the Business
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
15,089
Rent
$5,250.00 per month
Lease Expiration
12/31/2028
About the Sale
Seller Motivation
Retirement
Listing Info
ID
2386682
Listing Views
2464

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Business Listed by: Sunbelt Charlotte Sunbelt Business Brokers Charlotte

Listing ID: 2386682 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.