773.243.1603
773.243.1603
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Listing ID:3N891

SOLD – Chicago CNC Machine Shop

Sold

This family owned business was started in 1965 and has been operated by the son of the founder for the past 15 years. The company has established relationships with Fortune 500 companies in the Oil, Gas, Aerospace and Medical industries.

The company works with a handful of customers and the largest two total 75% of revenues. The company has developed a reputation as a reliable resource specializing in high tolerance machined products. Production runs are small to mid size with fast turnaround times.

The company has maintained very high profit margins throughout recessionary and non-recessionary economic periods. The business operates out of a 10k s.f. facility with 9 full time and 1 part time employees.

Joe Farinella was the advisor on this transaction.

Transcation Details

  • Location

    USA, Chicagoland, Illinois

  • Results

    156 Inquiries
    18 Showings
    7 Offers

  • ESTABLISHED IN

  • Real estate Included

  • Full-Time Employees

  • Franchise

  • Industry

    Manufacturing

  • Reason for Selling

    Other Business Interests

  • Inventory Included

  • Part-Time Employees

  • Business

    SOLD – Chicago CNC Machine Shop

  • Acquirer

    Investor

  • Annual Revenue

    $3,231,552

  • Annual Cash Flow

    $1,967,238

  • Seller Financing

  • SBA Financing

  • Listing Price

    $6,850,000

  • Acquisition Highlights

    o A well-established, highly profitable, niche manufacturing facility

    o Customer concentration: Oil & Gas, Aerospace

    o Huge growth opportunities

    o Easy to expand at existing facility

Domenic Rinaldi, CBI