$1,355,000.00
Asking Price
Status: Active
Posting ID: 285009
2/5/24
Description
Founded in 1977, this precision aerospace machine shop specializes in the manufacturing of high-precision miniature CNC machined components The business has established itself as a key player in the industry, providing essential parts to major defense companies. This family-owned and operated manufacturer boasts a strong and extensive relationship with its clientele, often being the sole source for specific, specialized components.
Business Description:
- Specialization: Precision aerospace machine shop focusing on miniature CNC parts.
- Asking Price: $1,355,000.00
- Inventory Levels: $50,000 in finished goods, $50,000 in work in progress, plus a $250,000 backlog.
- Operating Hours: 6:30 AM to 4:00 PM.
- Premises: 3,600 sq. ft. spanning three interconnected units.
- Assets: Sale includes all business assets.
- Training Period: Seller offers a 6-week training period post-settlement and is open to consulting for up to a year.
Key Strengths and Capabilities:
- Consistent Quality and Reputation: Renowned for delivering consistently high-quality products, the business has cemented a strong reputation in the aerospace industry.
- Long-Term History: Decades of operation have established a reliable and robust track record, with an array of repeat production work.
- Skilled Workforce: A dedicated and reliable group of employees ensures smooth operations and quality output.
- Extensive Network: Collaboration with a network of shops and subcontractors enhances operational capabilities.
- Certifications and Compliance: ISO-9001:2015 certification, underscoring a commitment to quality and industry standards.
Market Position and Growth Potential:
- This business serves as a first-tier supplier to a major aerospace firm, with the unique distinction of being a sole source for certain parts The current backlog and long-term agreements (LTAs) with clients provide a stable and predictable workload, allowing for efficient planning and distribution of production tasks.
- Despite its success, the business currently turns away work due to capacity constraints, indicating a significant opportunity for growth An expansion in workforce or facilities could enable the new owner to capitalize on unmet market demand.
Transition and Future Opportunities:
- The current owner, seeking retirement, is committed to a smooth transition, offering an initial training period and the possibility of continued consultation This ensures that the new owner will be well-equipped to maintain and grow the business.
- The sale presents an exceptional opportunity for a qualified buyer or acquirer to step into a well-established, profitable business with a solid foundation in the aerospace industry The potential for expansion, combined with a strong existing client base and a reputation for quality and reliability, makes this an attractive investment.
- This business is not just a transaction; it's a chance to continue and build upon a legacy of precision and excellence With its long-term history, proven track record, and substantial growth potential, it stands as a premier opportunity in the aerospace manufacturing sector.
Contact for More Information:
Interested parties are encouraged to reach out for further details Discretion is advised, and detailed financial information will be provided upon signing a confidentiality agreement and verification of the potential buyer's financial capability.
This sale represents a rare chance to acquire a thriving, well-positioned business in a specialized market with substantial potential for future growth and expansion
*Inventory: $50,000 (included in the sales price) plus a $250,000 backlog.
*FF&E: $270,000
*NAICS 332900
Year Established: 1977
Days & Hours of Operation: Operating Hours: 6:30 AM to 4:00 PM Monday -Friday, Saturday 6:30 AM- 12:00 PM. Closed on Sunday.
Owner Hours Per Week: Employees open at 6:30 AM. Owner shows up around 7:00 AM and typically closes unless he has prior arrangements.
Employees: 7 FT
Lease Info: Premises: 3,600 sq. ft. spanning three interconnected units, monthly rental $6,633.54 including common area fee.
Training & Support: 6 weeks x 20 hours/week , included in the sales price
To get more information about this Aerospace CNC Machine Manufacturing Shop business for sale in Los Angeles County please phone Phil Wolfstein, CBB (Broker - BRE License #:01488299) at 310-663-2180 Cell and 310-663-2180 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #285009 on BizBen.com. In addition to phoning Phil Wolfstein, CBB, make sure you email Phil Wolfstein, CBB above to get more info about this Aerospace CNC Machine Manufacturing Shop, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01488299. Zoom Business Brokers.
Contact
Details
Asking Price: $1,355,000.00
Down: Call/Email
Cash Flow: $467,091.00
Revenue: $1,005,739.00
Area: Los Angeles County
City: None Given
Attributes:
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