Worcester County, MA Business - CNC Shop - George & Company

Well-Established & Profitable CNC Machine Shop #15607

Seller Financing Available

 

Asking Price: $1,185,000

Cash Flow: $220,000

Gross Revenue: $700,000

FF&E: $500,000

Inventory: $75,000

Established: 1962

Business Description

  • Custom manufacturer to customer specifications of high-quality, CNC precision machined parts & components, for over 50 years, with 7 employees in place.

  • Parts produced are integral components to medical products, valve salons, compounding machines, thread rolling, paper mills, and web presses.

  • Turn-key services including assembly, plating, painting and powder coating of aluminum.

  • Parts are produced from aluminum, stainless steel, bronze, plastic and cast iron.

  • 11,952 SF building is leased from a related party and is included in the asking price.

  • Currently operating on one shift with current operating capacity ranging between 75%-80% depending on the mix of parts running through the shop.


Attached Documents

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Detailed Information

Location: Worcester County, MA

Inventory: Included in asking price

Employees: 7

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

Facilities: 11,952 Sq. Ft. Facility which is including in the asking price.

Competition: The company has been supplying parts to several of its key customers for 5-20 years.

Growth & Expansion: Capacity, sales and profits may be increased by extending shop hours. Adding a second shift is another option.

Financing: Possibly some Seller financing for highly qualified buyer.

Support & Training: Seller supports transitional training to aid in a smooth transition.

Reason for Selling: Owner health and other non-competitive interests.

Contact: Chip Emerson

Contact Phone: 508-753-1400  

Contact Email: info@georgeandco.com  


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