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Precision Custom CNC Machining Operation
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Well established full service precision CNC machining facility with a loyal customer base. Experienced workforce and management team in place. This is a phenomenal opportunity for an owner/operator or larger corporation wanting to bring its parts machining in-house. Located in East-Central Indiana, relatively close to Indianapolis, Lafayette, Fort Wayne, and Dayton (OH). Close proximity to interstates I-69 & I-70.
About the Business
- Years in Operation
- 39
- Employees
- 10 Full-time
- Facilities & Assets
- Manufacturing facility fully outfitted for machining operations including expandable electric service and complete air supply systems. Complete machining facility with newer CNC equipment, support equipment, and accompanying tooling. Includes (5) CNC Vertical Machining Centers, (4) CNC Turning Centers, (2) OD Grinders, (3) Surface Grinders, (1) Jig Grinder, (2) Engine Lathes, (3) Vertical Mills, (1) Horizontal Mill, and various other support equipment.
- Website
- https://merittool.com
- Market Outlook / Competition
- Merit Tool has a diverse set of customers in numerous industries. Despite a challenging economy since 2023, the company has demonstrated a resilience and continued successful, profitable operation. As the economy has improved, Merit Tool has experienced increased sales and new opportunities emerging. Customer base is comprised of local and regional customers with a wide range of needs, including contract machining, low volume precision machined parts, special tooling and fixturing, and repairs & maintenance machining.
- Opportunities for Growth
- Merit Tool operates one shift, with current capacity to increase sales output considerably. Equipment utilization is currently approximately 65%, leaving plenty of room for growth with no additional capital equipment investment.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 7,229
About the Sale
- Seller Motivation
- Owner is retiring after 39 years of operation.
- Transition Support
- Owner will provide transition support for an agreed upon period of time.
Listing Info
- ID
- 2461591
- Listing Views
- 229
Attached DocumentsAttachment Disclaimer
Listing ID: 2461591 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.
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