Michigan Based Tooling & Machining Company
For Sale
Highly Profitable Michigan-Based Tooling & Machining Company
Company Overview
Founded in the early 1990s, this Michigan-based tooling company has grown from a small facility to a thriving enterprise with annual sales exceeding $7.5 million. The company provides high-quality 2D and 3D machined parts, serving diverse industries and clients.
Services Offered:
- Milling, turning, and grinding
- Wire EDM
- CNC Programming
- Reverse Engineering
- CMM Inspection
- Material Certification
Operational Details
- Employees: 39 full-time plus the owner
- Facilities: Three locations totaling 48,591 square feet
- Certifications: Adheres to ISO 9001 requirements, with additional key industry certifications
Financial Performance
2024 YTD Revenue: $3,255,680 (six-months)
2024 YTD SDE: $727,736 (six-months)
2023 Revenue: $7,554,078
2023 SDE: $2,160754
Investment Highlights
- Highly profitable operation with a strong earnings history
- Turn-key opportunity with limited owner involvement
- Skilled, long-term labor and management team with low turnover
- Strong reputation for quality, timely delivery, and customer service
- Continuous investment in tooling, machining, and equipment upgrades
- Key supplier relationships and solid financially top-tier clients
- Strong backlog of orders
Growth Opportunities
- Expand work with the existing client base
- Pursue bolt-on acquisitions to grow the business model
- Utilize excess capacity in unused machinery and equipment
- Implement additional shifts for expanded production
- Obtain HUB ZONE certification for government contracts
- Enhance marketing efforts and sales force
- Capitalize on local economic growth and current long-term client relationships
Additional Information
- Real Estate: 48,000 square feet available for lease or purchase
- Support & Training: The owner willing to assist with the transition
- Reason for Selling: Retirement
This turnkey B2B company is well-positioned for its next growth stage and offers a unique opportunity for investors or strategic buyers in the tooling and machining industry.
This transaction has an active letter of intent (LOI) but has not entered into a formal purchase agreement.
