Description
Opportunity to own and operate a leading New Hampshire-based, ISO 9001:2015 certified machine shop. The Company is known for consistently delivering manufacturing excellence and exceptional value. The Company produces close-tolerance, high-precision components for aerospace, defense, communications, and medical industries.
The Business has been successfully operated for over 40 years and is a leading machine shop based in a state of the art 8000 S.F. facility on the Seacoast of New Hampshire. It is a fully integrated shop capable of managing entire projects; focused on client timelines and shipping product to specification.
The Company has a great reputation with long-term clients and and tenured staff. The ideal buyer is a company in this space looking to expand and own a facility on the Seacoast of New Hampshire.
Detailed Information:
Business Price: $500,000
Revenues: $1,476,000
Furniture, Fixtures & Equipment (FF&E): $413,000 included
Seller’s Discretionary Income: $150,000
Reason for Selling: Retirement
Real Estate: $1,050,000
Facilities: The Company is based in a location nearby major highways with ample parking. The property is owned by the Seller and operates in approximately 8000 SF of a the building that is over 12,000 SF. The building is fully sprinkled, central heat and air conditioning, with standard 2 phase wiring and 208volt (3 phase) wiring throughout the lower level.
Growth & Expansion: The Company has seen a sharp increase in sales in 2020 and prior to that fairly stable numbers. Some growth opportunities include: cross sell capabilities to existing clients; market and advertise to additional customers within its core competencies, increase staff and expand floor space.
Support & Training: Seller is willing to assist in support and training.
Reason for Selling: Retirement
Due to confidentiality, the Map below does not depict the location of the business. Please complete the attached NDA to receive the confidential information and related financials.
Real Estate offered through our Broker, Bean Group, 1-800-450-7784.