Eastern Iowa Machine Shop for SaleGreat as Stand-Alone, Roll-Up, or Add-On 

Small machine shop doing specialized parts more than ten long term consistent and valuable customers, all of whom can be grown internally or cross sold additional services with more resources and staff.

 

 Asking Price: $250,000
Gross Revenue: $250,000 
est. 2017
EBTIDA: $31,000
Cash Flow: $81,000
Inventory: $25,000
FF&E: $115,000

Parts Made, Customer Types & Equipment

Currently providing cylinder end-caps for industrial equipment manufacturer, assembly line machinery parts for consumer product manufacturer, modified bearings that self-align, bearings for agricultural harvesting and cutting equipment manufacturer, and sub-contract machining for major agricultural equipment manufacturer.

Lathes can turn 7" in diameter and up to 12" long. Mills can handle 3' x 54" table work. 
HAAS VF-4 (1997), HAAS VF-5 (1999) both with rotary tables, 4 axis; Harrison M450 Engine Lathe(1990) & Tooling; Methods Slant 50 (1995) with Tooling. Various additional equipment,tools and fixtures. Full list available.

Customer Concentration  

High customer concentration, but it is long term, 4 years plus, and growing with largest customer. Over ten consistent customers are readily served by 1 FT machinist, and one part time owner-engineer-machinist, and his wife who does admin/billing work par-time. 

Facilities

Seller owned 3500 sf building, not available as part of the sale, but will lease back to new owner for transition period.

Growth & Expansion 

Ideal for a roll-up of like minded smaller job shops to benefit from economies of scale and raw material buying power.

Support & Training

Seller, who is semi-retiring to devote more time in his 60's to fishing and gun-smithing, will stay on as part-time consultant to new owner, assist with cross-training new owner staff where required, customer retention and business development.