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Precision machining company in Florida

TBD

Description

The company offers custom manufacturing, engineering, and design services, and has extensive laser cutting, forming, welding, and machining capabilities for a variety of industrial applications.

• Revenues and adjusted EBITDA have grown at a compound annual growth rate of 15.0% and 43.6% from 2016 to 2019, respectively

• Average gross profit margins of 64.6% from 2016 to 2019

• Recent expansion and equipment upgrades allowing it to expand its offerings to include high volume production runs

• Highly trained staff and modern production facilities

• Machinists are cross-trained on equipment to ensure a quick shift in manpower and resources

• Utilizes industry best practices to lower the costs of its services and meet the timetables that manufacturers require

Opportunities

• Capitalize on the company’s newly purchased equipment and software

• Expand geographic footprint

• Add a second shift to increase production

• Expand operations to utilize the entire facility

Current markets

• The company services a wide range of industries including lighting manufacturers, poultry equipment manufacturers, construction, pharmaceutical, and many others, throughout the greater Southeast region advantage of the growth opportunities in the industry. He is willing to stay on for a transition period to ensure a smooth transfer of ownership.

Detail

Updated on October 22, 2020 at 9:22 am

Property ID:L#2020661
Property Type:Manufacturing
Property Status:For Sale
Asking Price: TBD
Gross Revenue:$3.2M
EBITDA:$1.1M
Country:United States
State: United States
City: Florida

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