Precision Machining - SW Michigan

Michigan, MI

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Overview

Year Established
1993
Employees
8 full time
FFE(Furniture, Fixtures and Equipment)
$750,000 (Not included in asking price)

Business

Description

This established precision machining firm specializes in both engineering services and manufacturing, offering everything from prototype development to full-scale production. With underutilized CNC machines, available floor space, and a skilled workforce eager for more projects, the company is well-positioned for growth.

Currently operating below breakeven, this firm presents a turnaround opportunity with significant expansion potential, requiring minimal additional capital investment. Strategically positioned near I-94, halfway between Chicago and Detroit, this location ensures quick turnaround times to meet time-sensitive customer demands. The existing customer base values the firm’s high-quality parts at competitive prices.

The current owner is open to a full buyout or a co-ownership arrangement and is willing to remain involved to support the company’s success. With a strong engineering background, he can continue contributing valuable expertise as needed.

Growth Prospects

-Extra capacity on most machines
-Significant open square footage to expand
-Solid relationships with existing customer to send additional work

Sale

Reason for Selling

-Seller has limited capital to continue running the firm

Training/Support

-The owner is willing to stay with the firm to ensure a smooth and seamless transition for the purchaser
-The owner is willing to stay long-term under the right structure to provide engineering services

Premises

Facilities

-Close to the highway
-Halfway between Detroit and Chicago
-Plenty of square footage for expansion
-Ample unused machine hours
-Ample power for machines

Location

Michigan, MI

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Listed by:

Click To See 269-330-6924

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Ad Id: ju2046 | ABB-24125358-90