The company was established over 35 years ago by the seller to work on small run machining projects for customers in the Greater Chicago Area. Their runs range from single parts into the hundreds.
The company produces parts to customers’ specifications in the automotive, medical, railroad, and metal fabricating industries among others. The business has seen steady revenues over the recent years, even without marketing the company’s service offerings. The business enjoys long term relationships with customers. Approximately 80% of revenues come in as P.O.’s with the remaining 20% being bid.
The CNC machines are networked to a computer with all the drawings and machine commands. Operators oversee the production of the parts.
The property, on which the business is located, is available for sale along with the business.
The Seller is at retirement age, and is selling the Company in order to retire after a stable and successful transition of the business to the new owner.
Asking Price $470,000
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