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Manufacturing

Custom CNC Machine Shop/Manufacturer

Newmarket, NH, USA
Updated 1 day ago
Established Family business since 1971. Present owners since 2005.

Custom CNC Machine shop providing CNC Milling and Turning and manufacturing of Custom machine parts, Replacement parts, Sprockets, Pulleys, Shafts and Gears. The company runs large production orders required over time and small rush orders for quick delivery in cases of customer breakdowns. The company has customers in various industries including Construction, Tunneling, Electrical, Material Handling and Packaging and manufactures a wide range of parts for all of them, using diverse materials such as copper, steel, stainless steel, aluminum, brass and bronzes, and plastics, in quantities from 1 piece to hundreds of pieces.

Internal Id

20221027

Growth & Expansion

A targeted Marketing initiative could create further opportunities for this company and establishing a focused outside sales team could result in further overall productivity. The table saw accessory sales could be expanded to more distributors across North America.

Inventory Included

No

Support & Training

Owners will provide training and transition to a new owner. Time period to be arranged.

Facilities & Assets

The building consists of 5740 sq. ft. premises, on a busy street with many commercial businesses and close to Highway 404. There are shops and 2 offices on the main floor and another office and storage area on the mezzanine.

Number Of Employees

3

Market & Competition

There are similar businesses in the neighbourhood which are mostly small Tool & Die operations which this company has avoided.

Reason for Selling

Owners are retiring.

Financials

Asking Price
$570K
RevenueMost Recent Year
$780K
Earnings (SDE)Last Reported
$185K
Assets Value
Undisclosed
Seller Financing
Not available

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