Machining, Fabrication & Assembly Business
SOLD - NEO Business Advisors represented the seller of a portfolio of four manufacturing businesses providing CNC and Manual Machining, Welding, Fabrication and Assembly services across a wide variety of industry sectors to a strategic acquirer.
Asking Price: $8,200,000
Gross Revenue: $4,300,000
FF&E: $2,200,000 Included? Yes
Inventory: $1,250,000 Included? Yes
Real Estate: Owned Included? No
Building Size: 45,000 SF
This large, privately owned business offered precision machining services with 22 CNC lathes and mills. An extensive manual machining division included engine lathes, vertical turret lathes, and horizontal boring mills. A full, in-house welding and fabrication department. An in-house engineering department and assembly services for fully automated equipment building. The business services a wide variety of industries including steel mills, rubber extruders, gold mining, aerospace and defense, firearms, wind energy, industrial steam valves, fighter fighting, steel coil processing and many others.
Real Estate: The real estate is owned by the Seller to be sold with the business for $2,100,000 (not included in asking price). The building is in excellent condition and includes 45,000 sq. ft. (40,000 sq. ft. of manufacturing space and 5,000 sq. ft. of office space). The manufacturing area has 20’ ceiling height, with 9 overhead cranes and 22' under hook for material handling, 4 large overhead doors for easy loading and unloading of trucks including 1 loading dock.
Support/Training: Seller will provide 8 weeks of transition training included in the asking price with up to 2 years of consulting negotiable.
Reason for Selling: Owner is selling for a strategic exit.
Do you have a similar business you are considering selling or are you looking to buy a business like this?
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