Enlign

Enlign

Enlign

Overview

Machine Shops and Tools

Established Machine and Tool Shop

Price: $2,200,000

Listing ID: MACHINE2

Entity Classification(M): C-Corp

Annual Sales: $2,335,548

EBITDA: $443,248

Included Inventory: $220,000

Excess Inventory: $3,000,000

FF&E: $1,723,945

Year Established: 1990

Days & Hours of Operation: M-F 7am-4pm

Inventory: $220,000

Reason For Sale: True Retirement

Limited Seller Financing: The SBA does not require seller financing and as such seller does not anticipate a component of seller financing.

Listing Status: Active

---

Summary

Description:

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 ~$3,000,000 retail value of excess inventory is customer made-to-print (M2P) work. The wholesale price to buyer will be 10% less than retail (wholesale). Approximately 50% of M2P is contractually obligated. Seller estimates that virtually 100% of M2P inventory turns annually. The made-to-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 Opportunities:

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.

Competitive Advantages:

Has recurring business such that slower times can be used to manufacture made to print inventory.