Highly Profitable Tooling & Machining Company
For Sale
Sale Pending
Business Summary
This profitable tooling and machining company has been in business for over thirty years. The company started in the early 1990s in a humble small facility in Michigan and has grown into a company with sales of over $5,000,000 annually. The company provides quality 2D & 3D machined parts and is well diversified in multiple industries, including but not limited to automotive, metal stamping, die components, transmissions, oil & gas, industrial press & dies, and plastics. The company provides many services, including milling, turning, and grinding, Wire EDM, CNC Programming, Reverse Engineering, CMM Inspection, and Material Certification.
This company currently employs nearly 60 employees out of two facilities with combined square feet exceeding 30,000 square feet and is ISO 9001 certified with key certifications in key industries.
This is a turn-key business-to-business company ready to transition into the next growth stage.
Details:
2022 Revenue: $5,485,419
2021 Revenue: $4,793,355
2021 SDE: $1,048,197
Employees: 35 full-time plus the owner
Real Estate: 30,000 Square Feet – option to lease or buy
Investment Highlights:
- Key relationships with suppliers
- Loyal and long-term client base
- Strong backlog
- Outstanding reputation for quality
- Rapidly growing market
- Multiple projects underway and more in the planning stages
Growth Opportunities:
- Add additional space to the facilities.
- Capitalize on local economic growth and current long-term client base.
- Initiate sales and marketing
Support & Training: The owner is willing to assist with the transition
Reason for Selling: Retirement
Please get in touch with Ken Bollman at 231.920.4981 for more information!