Established Machine and Tool Shop

Summary Information

Internal ID:
Price:
Total Sales:
EBITDA:
Seller Discretionary Earnings:
FF&E:
Inventory:
Industry:
Year Established:

Days and Hours of Operation:
Reason for Sale:
Listing Status:

MACHINE2

$1,750,000

$2,498,194
$347,675
$431,915
$1,723,945
$220,000
Machine Shops and Tools
1990

M-F 7am-4pm
True Retirement
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 pieces of equipment in production offering 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 $1,300,000 retail value of excess inventory is customer made to print work. The wholesale price to buyer will be 10% less than retail (wholesale). The made for print inventory 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.

COVID Statement:

The company experienced a minor adverse impact during the pandemic caused primarily by clients taking a somewhat conservative position in their own forecasts. The business was able to leverage this time to complete made to print inventory reserves.

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 and 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.

Location

Location:
Real-Estate:
Facilities Type:
Real-Estate Asking Price:

Building Square Feet:
Facilities Description:

East Central NC
Owned for Sale
Warehouse
$1,750,000

17500

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.

Labor

Full-time Employees:
Part-time Employees:

17
1

Support and Training

Owner qualifications:

Buyer should have engineering, machining and design experience or be willing to hire those skills in.

Support and Training:

Seller will provide 80 hours of transition support at no additional cost. Incremental training/transition assistance can be negotiated.

LISTING BROKER

Jeff Snell, CM&AP, M&AMI, LCBI, ABI

Jeff Snell, CM&AP, M&AMI, LCBI, ABI
REAL ESTATE TRANSACTION HANDLED BY

2009 Caminos Drive
Raleigh, NC 27607

Summary Information

Internal ID: MACHINE2
Price: $1,750,000
Total Sales: $2,498,194
EBITDA: $347,675
Seller Discretionary Earnings: $431,915
FF&E: $1,723,945
Inventory: $220,000
Industry: Machine Shops and Tools
Year Established: 1990

Days and Hours of Operation: M-F 7am-4pm
Reason for Sale: True Retirement
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 pieces of equipment in production offering 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 $1,300,000 retail value of excess inventory is customer made to print work. The wholesale price to buyer will be 10% less than retail (wholesale). The made for print inventory 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.


COVID Statement:

The company experienced a minor adverse impact during the pandemic caused primarily by clients taking a somewhat conservative position in their own forecasts. The business was able to leverage this time to complete made to print inventory reserves.


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 and 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.

Location

Location: East Central NC
Real-Estate: Owned for Sale
Facilities Type: Warehouse
Real-Estate Asking Price: $1,750,000

Building Square Feet: 17500
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.

Labor

Full-time Employees: 17
Part-time Employees: 1

Support and Training

Owner qualifications:

Buyer should have engineering, machining and design experience or be willing to hire those skills in.


Support and Training: Seller will provide 80 hours of transition support at no additional cost. Incremental training/transition assistance can be negotiated.

LISTING BROKER

Jeff Snell, CM&AP, M&AMI, LCBI, ABI

Jeff Snell, CM&AP, M&AMI, LCBI, ABI
REAL ESTATE TRANSACTION HANDLED BY

2009 Caminos Drive
Raleigh, NC 27607