Machine Shops and Tools
Established Machine and Tool Shop
Listing ID: MACHINE2
Annual Sales: $2,498,194
Seller Discretionary Earnings: $431,915
Year Established: 1990
Days & Hours of Operation: M-F 7am-4pm
Reason For Sale: True Retirement
Listing Status: Active
This highly rated machine shop is conveniently located in central/eastern North Carolina with over 30 years of CNC experience serving virtually every industry and sector.
With over 25 CNC and manual pieces of equipment in production offers high tolerance milling of a wide variety of metals and plastics this business is well positioned for continued growth.
The business offers Swiss and traditional turning, wire EDM and virtually all related metal working such as welding, cutting, deburring, etc. This machine shop can produce everything from a one-off prototype and replacement parts to moderate production runs. Many clients have been with the company long-term, and a component of the business is recurring work. Employees are long-term and highly skilled.
The ~$1,200,000 retail value of excess inventory is customer made to print work. The wholesale price to buyer will be 10% less than retail (wholesale). Seller estimates that virtually 100% of M2P inventory turns annually. The made for print inventory at wholesale will be in addition to the purchase price.
Historical Summary:This business has decades of experience and has built a reputation of high quality, on-time competitively priced work. Having implemented CNC equipment almost from it's inception the companies capabilities are vast.
Competition:This company is able to react quickly to customer requirements and has won projects that turn into long term clients. Focus on quality and maintain ISO 9001 compliance.
Growth & Expansion:Seller suggests expanding into high volume production for clients to maximize utilization. Shop floor automation and ERP system integration would provide additional efficiencies and production data for management use. The business could also increase sales and revenue by adding a second and/or third shift. A proactive outside sales position could be added.
Jeff Snell, CM&AP, M&AMI, LCBI, ABI
Principal Broker – Raleigh, NC
Office: (919) 341-1100
Cell: (919) 624-1124
Contact Listing Broker
Real Estate Transaction Handled by
2009 Caminos Drive, Raleigh, NC 27607Real estate agent's disclosure Form
Location: East Central NC
Real-Estate: Owned for Sale
Facilities Type: Warehouse
Real-Estate Asking Price: $1,750,000
Building Square Feet: 17,500
Facilities Description:The business operates from a spacious steel on slab building (17,500 feet) on just under 3 acres. The facility offers plenty of parking and adequate land for expansion. Land and building will be sold at third party bank appraised value anticipated to be between $1,550,000 and $1,750,000.
Full-time Employees: 17
Part-Time Employees: 1
Support & Training
Owner Qualifications:Buyer should have engineering, machining and design experience or be willing to hire those skills in.
Support & Training:Seller will provide 80 hours of transition support at no additional cost. Incremental training/transition assistance can be negotiated.