Precision OEM & Machine Shop

Buffalo, NY

Seller Financing Available

ISO 9001:2015 Certified
Sale Pending
Asking Price:$2,000,000
Gross Revenue:$2,063,535
Rent:$8,000/Month
Established Year:1999
Cash Flow:$657,949
Inventory:$321,288
FF&E:$798,999
BUSINESS DESCRIPTION

This 30-year-old highly profitable machine shop is ISO 9001:2015 Certified and a leader in the local industry. 70% of revenue is from orginal equipment manufacturing and the remaining 30% is from machining parts. They provide quality precision machine parts which meet and often exceed customer requirements. The business offers a wide range of services, to include precision CNC machining (milling, turning & routing), machine kitting & assembly. Their assembly department manages the assembly and packaging of machine component kits, machine sub-assemblies, and full machine builds. All materials and components are maintained in-house, with materials being manufactured on our production floor as well as purchased from outside vendors. Builds are then assembled to customer specifications, packaged, and shipped to their destination.

The business uses E2 Shop System as its Enterprise Resource Planning (ERP) to manage shop functions and enhance efficiency. They also use Mastercam computer aided design system custom parts.

The Business Financials Listed in this Ad are an average of the years 2018 to 2023. Year to date 2024 Business Financials are not available as of yet.


DETAILED INFORMATION
Location
Buffalo, NY
Inventory
Included in asking price
Real Estate
Leased
Building SF
18,000
Lease Expiration
31/12/2026
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
Some seller financing available to well qualified buyer & down payment
Support & Training
Seller will provide support and training during a transition period.
Reason for Selling
Retirement
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Carl
Knickerbocker
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Carl Knickerbocker