Annual Revenue: $2,290,000
Net Cash Flow: $917,000
Location: DuPage County, Illinois
Profitable Illinois machine shop in business for more than 25 years, serving the automotive, lighting, temperature controls, insert molding, and fastener industries.
This business supplies excellent quality machined components to its partners domestically and abroad.
Because of their niche services, clients are very loyal, and there is extremely low attrition.
Consistent growth in the last few years, with 2023 on track to continue that trend.
The seller is retiring and will stay on for a reasonable amount of time to allow for a smooth transition. The existing 8 employees will continue in their roles, ensuring operational continuity.
PLEASE NOTE: Only buyers with machine shop experience will be considered.
Reason For Sale:
The owner is retiring and plans to move to Florida full-time.
Training & Support:
The owner will stay on for a reasonable amount of time to allow for a smooth transition. The existing 8 employees will continue in their roles, ensuring operational continuity.
Monthly Rent: $10,000
Square Footage: 10,000
10,000 square foot facility on a $10k/month lease. 8,000 square foot is for production and 2,000 square foot is for the office and warehouse.
Very little competition since this business offers niche services that their clients rely on.
To expand, a new owner can market outside of the Midwest. Currently, all business is via word-of-mouth and referrals.