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.
USA, Chicagoland, Illinois
Other Business Interests
SOLD – Chicago CNC Machine Shop
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