Fantastic opportunity to own a turn-key Manufacturing operation-based out of Southern California. The company specializes in manufacturing centering indicators that can be used in a wide variety of industrial machines, primarily CNC Machines. The business has been in operation for over 60 years as a family company, and the current owner is ready to retire.
The Owner prides himself on producing the highest-quality centering indicators in the market. In recent years, there has been an increase in competing products, primarily manufactured overseas, but with less quality. The company is the premier provider of high-end centering indicators and has a steady supply of repeat business.
The purchase includes all furniture, fixtures and equipment, with a Fair Market Value of approximately $90,000 and existing distributor relationships and trade name.
Owner works approximately 40 hours per week in the business and has a staff of 1 office manager and 6 employees working in the shop.
The business is relocatable Seller is willing to stay on for a short time to facilitate a smooth transition. Free training is included for 2 weeks @ 20 hours per week. Reason for Sale: Retirement.