Detroit Area Design, Manufacture, Assemble & Inspection Business
Business Description
This well-established business offers: (1) Gauges & Fixtures: complete design and build from simple hand-apply to fully automated hands-off systems with data collection; (2) Assembly Equipment Integration: complete design and build – mechanical, pneumatic, hydraulic and electrical per its own designs, wiring, fabrication and machining; and (3) CMM (Coordinate Measurement Machines) Inspection (climate controlled).
Financial Performance
*Gross Revenues historically exceed $3.2M
*Seller Discretionary Earnings historically exceed $800k
Why a Great Opportunity - Major Attributes
* Great Reputation and Staff in place
*Great Customer Base – OEM, Tier 1, 2, and 3 automotive and aftermarket
* ISO 9001:2015 certified by SAI Global
*Great Capabilities per staff, machinery and software
v Demand for growth present
v Owner willing to stay on per agreed terms
Reason For Selling: Owner desires to slow down
Asking Prices:
Business: $3.2M + Inventory and Work In Progress (anticipated to be $400k)
Real Estate: $1.2M