Listing Details:

  • Price: $3,900,000 
  • Gross Revenue: $1,222,180 
  • Sellers Discretionary Earnings: $276,161
  • Location: 37,000 square foot building West Metro MN 
  • FF&E: $1,400,000 
  • Financing: Seller Financing Available 
  • Support & Training: 8 weeks 
  • Reason for Selling: Retirement

 

Business Description

ASSET SALE: CNC/Sheet Metal Machine Shop in West Metro with solid, 53-year history, experienced machinists 20 years in business, diverse client base, one-stop shop for customers (from design to finish).  All machinery in place from Design to CNC Milling and turning, to Sheet Metal to Assembly to Finish.  Ready to go for entrepreneur with energy and vision.  37,000 square-foot building on 2.63 acres included. Lease improvements worth $300,000 (solar system and overhead crane). 

This Machine Shop offers Design Engineering, Precision Sheet Metal, Machining, Welding, Assembly, and Dry Finish.  They are unique in their ability to be a turn-key, one-stop shop for their customers; handling everything from ideation, to design, to precision sheet metal, to structurals, to finishing to assembly.  They have diversified capabilities and also a diverse client base.  Most of their work is for businesses that need something custom designed and made.

Recently they acquired a new aviation customer that manufactures private planes.  Last summer they made a nuclear chiller for Nasa.  They have manufactured shipping brackets, made parts for machines that automate pallet manufacturing, and machines that make a lens coating.  They design and built a machine for automated inspection equipment  

Top of the line equipment includes Machining centers for CNC Milling (Two New), Lathing machines (Two New), High Speed Turret (New press), New Air Compressors, New Bore Mics, New Saw.  Ability to add twice the current capacity.  

Great opportunity for buyer that can benefit from extra capacity, needs access to a new client base, can cut costs by merging two machine shops. Business has all the equipment necessary to run three shifts.  

 

History

Locally owned and operated, founded in 1967, solid reputation.  One owner/operator for 20 years. One stop shop for customers.  

Growth Potential

This business is running under-capacity.  Add second and third shifts, update website, add marketing, sales, obtain more technical jobs with higher margins.

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