Precision Castings/Foundry/Machining w/RE

Precision Castings/Foundry/Machining w/RE

Location:Bristol County, MA
Your Reference ID: 19863

FINANCIAL INFORMATION

Asking: $875,000
Gross: $892,083
Cash Flow: $230,616
Furniture, Fixtures & Equipment: $465,000 (Included in Price: Yes)
Inventory: $50,000 (Included in Price: Yes)
Real Estate: $295,000 (Included in Price: Yes)

SUMMARY DESCRIPTION

Long established, foundry and precision machining and casting company supplying the industry with cast and machined components.
This company produces to high tolerance specifications and is known for its outstanding quality based on ISO 9002.
The team takes a project from product concept, to design, to qualification, to production and finished product.
2020 was a down year due to COVID-19. 2021 is rebounding nicely. Sales are typically $1.2M - $1.3M.

FACILITIES

The real estate is included for $295,000. The facility consists of offices and production area completely equipped. Located in an industrial setting, it also has plenty of parking.

GROWTH/OPPORTUNITY

Unique niche processes in place for high quality product production. Skilled operators in place combined with engineering staff.

Training & Support:

As needed for a smooth transition.


Reason Selling: 

Retirement

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER

Kevin Nery, CBB, LCBI, M&AMI

Kevin Nery, CBB, LCBI, M&AMI