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Machine Shop Opportunity
This machine shop, located in Chatsworth, Ca has been in busines since 1974. The owners parents started and ran the business and then passed it on to their son who has been running it for the past 10 years. While profitable in the past, the buisness has broken even over the past 3 years. In 2022 the did $646K in revenue, a small portion of what they used to do. They do absolutely no sales or advertising. They basically wait for the phone to ring. The current owner is burnt out and looking for a strategic buyer who is looking to expand their capacity or a manufacturer looking to add a machine shop to their in-house capabilities.
The business is ISO 9001:2015 Certified.
The business has sells in aerospace, government, commercial, medical and entertainment segments. Customers have included Boeing, Pratt & Whitney, Prescor, Disney, Spectrolab, and Rinco/Wabtec.
If you or one of your clients is interested in learning more, please contact me for additional information. We are open to any offers or opportunities.
Listed By: Steve Barnett
Background information
Reference:
VBB124
Year established:
1974
Operations
Employees:
5 full time employees who have been with the shop for over 20 years.
Equipment:
Equipment includes: Mori Seiki and Yama Seiki lathes up to 20” diameter swing FADAL mills up to 60” x 30” capacity Table size 40” x 20” Qty-5. 2 have extended Z axis, 1 has 4th axis Table size 60” x 30” Qty-1 Table size 22” x 16” Qty-1 with 4th axis capability 2 Doringer cut off saws. One that cuts angles with automatic feed. 1 DoAll Horizontal saw with automatic feed 1 DoALL vertical band saw 1 Bridgeport Mill with automatic feed on X and Y axis. Full inspection room, CMM, optical comparator, hand tools, pin gages, thread gages etc. Lots of tooling
Premises
Facility:
The business operates out of a 5,580 sq ft facility with rent payments of $8,629 per month.
Location:
Chatswotth, CA
Opportunities
Growth:
The business does not do any marketing or advertising, lots of potential for another shop looking for additional capacity or a manufacturer looking to bring machining in-house.
Price and terms
Price:
$250,000