Contract Manufacturing and CNC Machining

Contract Manufacturing and CNC Machining

Fast Growing with Great Client Base

Description: http://imavex.vo.llnwd.net/o18/clients/fixedfee/images/medical.jpgNorthern Indiana
Listing Number:
 2348

Financial Information

Asking Price: $1,650,000 
Real Estate: available at additional cost 
Gross Revenues: $2,055,522
Cash Flow: $514,000

Business Description

Founded in 1980, this contract manufacturer specializes in producing CNC machined components for the aerospace, military, food processing, medical, and agriculture industries. To keep pace with rising demand, the company has invested in the best equipment over the past several years. It is well positioned to accommodate growth in the future with little capital investment. The company enjoys a loyal, but diverse customer base. A significant amount of repeat orders has allowed the company to improve processes to maximize profitability. The company possesses multiple quality certifications that attracts new customers. Revenue increased more 10% in 2013 and more than 20% in 2014. Due to commitments from several customers, the company is projected revenue of $2.4M in 2015. This is a rare opportunity to acquire a first-class CNC contract manufacturer with a growing customer base, excellent employees, and state-of-the-art equipment.

General Information

Facilities: The business is located in a top-notch facility consisting of more than 13,000 square feet of space on more than 3 acres.

Growth & Expansion: Key customers have recently contacted the company and have indicated volume growth in 2015. All of the company’s efforts will be to simply meet demand already in place. There is substantially more business that could be achieved from the current customers base.

Competition: This company is full service and has invested in the best equipment. They are well positioned to compete with any contract manufacturing company in the area

Employees: 16

Financing: A qualified buyer should be able to obtain SBA financing with 15% down

Support & Training: The seller will provide necessary support and training

Reason Selling: Retirement

Contact Information


Contact:
 Troy Frank
Phone: 317-333-6655 x 101

 

Indiana Equity Brokers
5750 Castle Creek Parkway, Suite 275, Indianapolis, IN 46250
Tel: 317-333-6655     Fax: 317-333-6654
info@indianaequitybrokers.com

 

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