Hot Listing
Turnaround Opportunity - CNC Turning and Manufacturing Company
Business Description
This opportunity is turnaround business with immediate excess capacity. This Michigan based company established in 1985, provides full-service CNC Turning, Milling, and Manufacturing while delivering quality products and exceptional customer service. The company has capacity to produce long-run, large quantity production jobs as well as short-run and prototype work. The company serves diverse industries including Automotive, Commercial Truck, Off Road vehicles, Industrial, Military, Maritime, and all related industries.
About the Business
- Years in Operation
- 40
- Facilities & Assets
- The facility is very well maintained with 5,840 total square feet, 5,000 square feet of manufacturing space, and 840 feet of office space area. The company is equipped with a substantial base of well-maintained machining equipment. The equipment includes CNC Machining lathes, CNC milling centers, including a state-of-the-art Zeiss CMM, the equipment acquisition value was $1,253,287. CNC Machining Lathers includes Murata, Miyano, and Mori Seiki. The CNC Milling Centers includes the following: Brother (2), Okuma, and Comet.
- Market Outlook / Competition
- The company offers complete CNC turning and milling solutions with a complete range of precision manufacturing equipment assures the capabilities to produce high quality tight tolerance parts. They have the capacity to produce long-run, large quantity production jobs as well as short-run and prototype work. The company takes pride in providing their customers with the highest quality parts and service. The company also maintains an ISO 9001:2015 registered accreditation.
- Opportunities for Growth
- The company has the ability to increase capacity to 1.3MM in sales with existing equipment and plant capacity. They could further exceed these sales levels with adding production shifts, the company in the past has run production with up to 18 employees running on 3 shifts. The company would benefit from strategic marketing plan including an outbound social media, online marketing, and SEO strategy. The company has historically attracted business from clients due to their exceptional quality, customer service, and creative solutions.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 5,840
About the Sale
- Seller Motivation
- The owner would like to retire to spend more time with the family.
- Transition Support
- Ownership is willing to provide reasonable and customary assistance during the transition period..
- Financing Options
- The business location is eligible for NMTC and Opportunity Zone investments.
Listing Info
- ID
- 2106897
- Listing Views
- 8318
Listing ID: 2106897 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.
Businesses for SaleMichigan Businesses for SaleMichigan Manufacturing Businesses for SaleMichigan Other Manufacturing Businesses for Sale
Similar Listings
