* Innovative, custom machining designs
* Growth Capabilities
* Loyal staff
* Long, established customer relationships
* Very Profitable
Business Type: Machine Shop
Location: Northern Indiana
Business Description: This profitable machine shop has “pre-COVID” 7 yr. average gross sales of $3.5 to $4 million and cash-flow numbers averaging approximately $450k over the time period. As was the case with most businesses, revenues declined in 2020; however, this decline was due to temporary manufacturing closures and supply chain disruptions – NOT permanent loss of customers/venders. So, a gradual return to normal revenues is projected moving forward. Strong April ’21 sales indicate a positive turning point, post COVID.
Capabilities: Company focuses on producing parts that require some type of engineered content – usually found in a unique method of production. Whether it is in a novel manufacturing approach utilizing existing machines, a proprietary manufacturing process using a custom designed/built machine, or an engineered material that provides unique performance characteristics.
Asking Price – Business: $1.5 million
Real Estate: 38,000 sq. ft Building
Asking price: $650,000
Gross Income: $3.5 to $4 million (7 yr. Avg.))
YTD thru April ’21: $929,192
Cash Flow: Approx. $400K + (7 yr. Avg.)
YTD thru April ’21: $218,477
* Innovative, custom machining designs
* Growth Capabilities
* Loyal staff
* Long, established customer relationships
* Very Profitable
Established: 1970’s
Employees: 17 (13 on the floor – 4 administrative)
Growth & Expansion: Has physical capacity to grow & produce $8 – $10 million in 1 shift
Owner Involvement: Business is capable of performing without the owner; however, an initial training period for new ownership is recommended. Owner is willing to remain with company on a limited – technical/design-oriented – basis.