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For Sale: CNC Machining Company - Strong Growth Revenue - Northern California

NDA   |  

Current Status: Active     Posting #: 275396     Last Refreshed: 8/14/22    
Contact: Rick Carlson At 833-776-6682  -  Also Email This Contact Below
Asking Price:  $3,500,000     Down Payment:  CALL     Annual SDC:  $840,000     Annual Gross:  $2,500,000    
Business Address:  None Given     City:  Livermore     Zip:  94550    
Attributes:  Broker-Broker Coop, Financial Assistance, Training & Support, Owner Financing
CNC machining business based in Northern California. This Company does work for several different end industries, including biomedical, electric vehicles, and semiconductors. Strong, growing revenue, and a massive back log of work waiting to be completed (estimated at over $3 million). The industry is backlogged across the board due to reshoring activities and supply chain disruption.

This Company differentiates itself by specializing in large precision parts, and has established an excellent reputation in the industry with many long-time customers. Material supply side issues are managed with escalator clauses.

This opportunity includes all machines and equipment to continue production. New owners can expect to capitalize on reshoring tailwinds especially for sensitive, higher-end products.

Company has been in business for nearly 40 years with multiple owners and is ISO 9001 2015 and ITAR Certified. The Sellers have been actively managing the company since 1992, are ready to retire, and want to see a successful transition. Up to date financials will be made available to interested parties.

NDA is required to secure comprehensive Confidential Information Memorandum (CIM)

Detailed Information

Facilities: A leased 11,000 sq ft warehouse and office space in Livermore, CA.

Competition: The industry has seen a resurgence as companies look to reshore manufacturing to help with quality, dependability, and long-term competitiveness.

Growth & Expansion: The company currently has approximately $3,000,000 worth of sales in backlog.

Financing: TBD if structure and terms are acceptable.

Support & Training: As needed specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business.

Reason for Selling: Retirement

To get more information about this CNC Machining Company - Strong Growth Revenue business for sale in Northern California please phone Rick Carlson (Agent - BRE License #:01820673) at 833-776-6682 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #275396 on BizBen.com. In addition to phoning Rick Carlson, make sure you email Rick Carlson above to get more info about this CNC Machining Company - Strong Growth Revenue, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01820673. ProNova Partners.


Email Rick Carlson Below About This Posting




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For Best Results & Response, Email & Phone This Contact: Rick Carlson at 833-776-6682.



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