Business Overview

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.

Due to confidentiality, the location noted is not exact.  Please complete the attached NDA to receive the confidential information and related financials.

Financial

  • Asking Price: $675,000
  • Cash Flow: $150,000
  • Gross Revenue: $1,476,000
  • EBITDA: $150,000
  • FF&E: $413,000
  • Inventory: $275,000
  • Inventory Included: N/A
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:N/A
  • Building Square Footage:12,000
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

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.

Is Support & Training Included:

Seller is willing to assist in support and training.

Purpose For Selling:

Retirement

Opportunities and Growth:

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.

Additional Info

The transaction won't include inventory valued at $275,000*, which ins't included in the suggested price.

Why is the Current Owner Selling The Business?

There are all types of reasons individuals choose to sell businesses. Nevertheless, the genuine factor and the one they say to you may be 2 totally different things. As an example, they may state "I have way too many other obligations" or "I am retiring". For many sellers, these factors stand. But, for some, these might simply be excuses to attempt to conceal the reality of transforming demographics, increased competition, current decrease in profits, or a range of various other factors. This is why it is extremely vital that you not count absolutely on a vendor's word, but instead, make use of the seller's solution along with your overall due diligence. This will repaint a more reasonable image of the business's current situation.

Existing Debts and Future Obligations

If the existing company is in debt, which lots of companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Many operating businesses borrow money in order to cover items such as stock, payroll, accounts payable, so on and so forth. Bear in mind that sometimes this can imply that revenue margins are too small. Many businesses fall into a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may likewise be future commitments to take into consideration. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with vendors that need to be fulfilled or might lead to penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the area bring in new clients? Many times, operating businesses have repeat clients, which develop the core of their day-to-day revenues. Particular elements such as brand-new competition growing up around the area, roadway building, and staff turnover can affect repeat customers and also adversely influence future revenues. One important point to think about is the placement of the business. Is it in a highly trafficked shopping center, or is it concealed from the main road? Undoubtedly, the more individuals that see the business regularly, the better the opportunity to construct a returning client base. A last idea is the general location demographics. Is the business located in a largely inhabited city, or is it situated on the edge of town? How might the neighborhood mean family earnings impact future earnings potential?