SOLD – Machine Parts Manufacturer with Growing Cash Flow

*2019 revenues thru 7/31/19*

Revenue *2019 Revenue: $635,100 2018 Revenue: $1,008,796 Cash flow *2019 Cash flow: $167,937 2018 Cash flow: $234,722

Overview

This 47-year-old company manufactures close tolerance parts for OEMs and for the secondary replacement parts industry.

Products & Services

Manufacture: gears, housings, shafts, rolls, and studs for the manufacturing industry.

New products and replacement parts for: corrugating machinery, aluminum can, and synthetic fiber manufacturers, and the woodworking and furniture industries.

Machining services: gear engineering, CNC turning & milling, ID & OD grinding, and other manual machining

Company Strengths

• Industry Experience – proficient, experienced, well trained internal staff and sub-contractors, most who have been with the company 5+ years
• Multiple product lines: over 60 pieces of CNC turning, milling, grinding, and gear manufacturing equipment
• Strong customer base: 20+ year relationships with top three customers
• Solid management in place: key employees capable of running daily operations in absence of owners
• Competitive Advantage – company boasts streamlined internal processes which minimize overhead costs and long-term customer relationships.

This business was recently sold by Viking Mergers & Acquisitions. Please view our other listings or contact us if you are interested in buying or selling a business.