High Precision Machine Shop includes over $3Million in equipment
Price: $6,500,000
Annual Revenue: $4,351,000
Net Cash Flow: $837,000
Industry: Manufacturing
Location: Harrisburg Area, Pennsylvania
Founded in the 1980s, the company specializes in Design and Engineering, CNC Machining, Dies and Tooling, Cable and Connector Assembly, Quality Systems, Fabrication, Stamping, OEM Products, Component Marking, and Quality Assurance. The company is maintaining strong growth in 2023 and has committed long-term forecasts.
Based in central Pennsylvania (Harrisburg area), the company focuses on high-precision machining to meet tight tolerance customer specifications and product-to-grave turn-key solutions. The company has long-term contracts to produce developed prototypes and has repeat customers. This business comes with over $3m in well-maintained equipment and backlog covering multiple years into the future.
Recognized for its extraordinary customer service, the company employs 26 highly skilled hourly workers and 7 salaried employees and owns the 63,000 sq ft. facility in which it operates. The land and building can be purchased at an additional amount.
Employees: Thirty-three employees (including three owners).
Facilities: 63,000 square foot facility (owned by the company and will be leased at market value). Significant expansion is available at the current facility.
Certificates and Licensing: ISO 9001; Approved US Government Vendor; ITAR Registered.
Business Highlights
- Strong track record of financial performance with solid project backlogs.
- Superior name and reputation in the industry.
- Clients are in the defense, medical robotics, and technology industries.
- Management team willing to stay on after the acquisition.
Further details of the business will be revealed, however, only to those buyer prospects whom the broker screens.