
Asking Price
Not Disclosed
Gross Revenue
$682,000
Cash Flow
Not Disclosed
Overview
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
Contact The Seller
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