Internet Machine Shop Company for sale – Sold
Price: $3,250,000
Annual Revenue: $3,815,000
Net Cash Flow: $715,000
Industry: Manufacturing
Location: Bergen County, New Jersey
This business has been sold. Please view our machine shops for sale or contact us if you want to sell your machine shop.
This internet-oriented CNC manufacturer is a leading online contract manufacturing facility providing custom mechanical parts for business and consumer markets. It has developed its own proprietary software and has a long stable track record.
The company developed a unique, easy-to-use CAD software application that is provided to their customers. The company has a steady stream of revenue from its repeat clientele – over 82% have been ordering for over a year.
The firm is a single-owner, single-location profitable company. It is one of a handful of CNC on-demand web manufacturers that have successfully leveraged the internet through a unique set of software tools using AI-type expert systems. They have:
Highly diversified customer base
Sophisticated easy design software
Only a handful of competitors
High barrier to entry
Proprietary digital technology to enhance productivity
Strong, recognized brand name
Employees that are expected to stay post-closing
Owner is ready to assist in a successful transition.