Description

This TS- and ISO-certified precision machine shop ("ANNIE") is an excellent-performing orphaned division of a larger company that was sold earlier this year.

Management is in place. The business has run remotely for the last 7 years. YOY growth exceeded 100% in 2015 but softened in 2016 due to lower purchases from existing customers in heavy equipment and truck industries. The owners have fair valuation expectations and are looking for a quick sale. This is an excellent CNC add-on for companies desiring an expanded Fortune 500 customer base and geographic expansion in the Southeast.
Management is in place. This business has been run without an on-site owner for more than 7 years. They know how to perform without a lot of supervision.

If you’re looking for a precision CNC operation with very good equipment ($1.5MM of equipment was added in 2015 to support growth) excellent management and strong potential, this is it.

The Company operates in ±75,000 s.f. on 4 acres owned by an unrelated party.

There are precision machine operators across the country but few in the area that boast TS and ISO certifications.

Posted Sep 18, 2015

Did you know that social networking is a great way to buy a business? Sign up now and we'll show you how.

By clicking "Sign Up" you confirm that you accept the Terms of Use and Privacy Policy, including cookie use.

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.