Machine Parts Manufacturer with Growing Cash Flow #1506

Revenues:
$1,008,796
Adj. Cash Flow:
$234,722
Region:
North Carolina
Location:
Charlotte Metro Area
This business has been SOLD and is no longer available. Please visit our main Businesses For Sale page to search all available businesses.

Overview:

*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.
Revenue:
$1,008,796
Adj. Cash Flow:
$234,722

Similar Businesses.

Single Location Tire & Automotive Repair #1872

Profitable Commercial Electrical Contracting Company #1871

HVAC Test, Adjust and Balance Company for Sale #1867

Longstanding HVAC test, adjust and balance business for Sale that has been serving customers in the Florida market for decades.